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Determine the price index for a product that sold for $8.99 in 1999, compared to

Mathematics
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Determine the price index for a product that sold for $8.99 in 1999, compared to $6.99 in 1996.

Oct 19th, 2014

answer C

Price index = 8.99/6.99  x 100 = 128.61

( compare the new price to the base year and times by 100)

Oct 19th, 2014

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Oct 19th, 2014
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