Question
I missed this question on a quiz. I took the total prices of 2010 (19) minus the total prices of 2009 which is a variance
I missed this question on a quiz. I took the total prices of 2010 (19) minus the total prices of 2009 which is a variance of 4, and divided by the total prices of 2009 (15). I got 26.6%, which was the wrong answer. Can you assist?
Question 9(Worth 1 points)
Good/Service
Quantity
2009 Unit Price
2010 Unit Price
Lettuce2
$3.00
$1.00
Bread3
$2.00
$3.00
T-shirts4
$10.00
$15.00
Between 2009 and 2010, the CPI
increased by 26.7 percent.
increased by 36.5 percent.
increased by 73.2 percent.
decreased by 36.5 percent.
decreased by 26.7 percent.
Points earned on this question:0
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started