Inference: An inference is a step of the mind, an intellectual act by which one concludes that something is true in light of something elseâs being true, or seeming to be true. If you come at me with a knife in your hand, I probably would infer that you mean to do me harm.
Jwalnuts cost $6.80 per pound and almonds cost $6.40 per pound. Jean Valijean owns a nut shop where walnuts cost $6.80 per pound and almonds cost $6.40 per pound. Jean gets and order that specifically requests a 30-pound mixture of walnuts and almonds that will cost $6.65 per pound.
With more than $3.5 billion worth of nuts ready to sell, California farmers are scanning world and domestic markets trying to determine who's buying and at what price. In recent weeks prices for almonds and walnuts have dropped along with orders, causing increased grower anxiety. During the past several months grower prices for almonds have slipped from a high near $4 a pound in 2006 down to a dollar a pound or less. Walnut prices have been hammered on world markets, although pistachio prices remain stable for now because of a worldwide shortage.