This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose the current price of DVDs is 16, while its base-year price is 11.50 . The value of the price ... (Read 710 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Suppose the current price of DVDs is 16, while its base-year price is 11.50 . The value of the price index for the current year is approximately:
 a. 139
  b. 39
  c. 25
  d. 160
  e. 172

Question 2

Suppose the price index is 100 in the base year and the price of a pound of oranges in that year is 1.96 . Now, if the price index changes to 105 in the following year, how much would a pound of oranges cost?
 a. 2.45
  b. 0.25
  c. 1.96
  d. 2.06
  e. 1.50


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Li Jun

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


debasdf

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Excellent

shailee

  • Member
  • Posts: 392
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

acid base acid base
Base pairing with target RNAs distinguishes miRNA and siRNA Base pairing with target RNAs distinguishes miRNA and siRNA
Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1000 a year for ... Charlie Stone wants to retire in 30 years, and he wants to have an annuity of $1000 a year for ...
What is the current in Figure 16-1(b) if the diode is made of silicon and the polarity of the ... What is the current in Figure 16-1(b) if the diode is made of silicon and the polarity of the ...
Base excision repair (BER) accomplished by uracil DNA glycosylase Base excision repair (BER) accomplished by uracil DNA glycosylase
Kindergarten school year book Kindergarten school year book
Video: The Nerve Impulse

For a complete list of videos, visit our video library