1. The price of a typical laptop computer has fallen from $2,000 in 1985 to $800 today....

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1. The price of a typical laptop computer has fallen from $2,000 in 1985 to $800 today. At the same time, the consumer price index has risen from 100 to 250. Adjusting for infl ation, how much did the price of laptops change?

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Principles Of Microeconomics

ISBN: 9780393935769

1st Edition

Authors: Dirk Mateer, Lee Coppock

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Question Posted: Oct 21, 2024 07:02 AM

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1. The price of a typical laptop computer has fallen from $2,000 in 1985 to $800 today....

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Principles Of Microeconomics

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