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Duncanson purchased magazines and newspaper services in 2010 and 2021 are shown below. Using 2010 as the base year, compute a 2021 price index for

Duncanson purchased magazines and newspaper services in 2010 and 2021 are shown below. Using 2010 as the base year, compute a 2021 price index for internet and cable cost.

2010 2021

Newspapers $16,943 $27,443

Magazines $15,460 $26,994

  1. Provide the index of the Newspaper for 2021. (Round to the second (2nd) decimal place)
  2. Provide the index for the Magazine for 2021. (Round to the second (2nd) decimal place)
  3. Which increased at a greater rate? a. Newspapers b. Magazines c. Neitherd. They are equal

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