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Author Question: The table below shows hypothetical prices for a particular anatomy textbook at a university ... (Read 15 times)

Ale

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on: Oct 12, 2022
The table below shows hypothetical prices for a particular anatomy textbook at a university bookstore over several years.

YearPrice
2018$180
2019$185
2020$205
2021$215
2022$220

TABLE 2-4

Refer to Table 2-4. Assume that 2018 is used as the base year, with the index number = 100. The value of the index number in 2021 is calculated as follows:
◦ (215 - 180) = 35.
◦ 215/180 = 1.194.
◦ (180/215) × 100 = 83.7.
◦ 180/215 = 0.837.
◦ (215/180) × 100 = 119.4.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Ale on Oct 12, 2022

bmac98

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Ale

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

raenoj

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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