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The following table contains information about an economy that produces only soda and pizza. The base year is 2020. Use this information to answer the
The following table contains information about an economy that produces only soda and pizza. The base year is 2020. Use this information to answer the question. Year Price of Soda Quantity of Soda Price of Pizza Quantity of Pizza 2020 $3 100 $10 50 2021 3 120 12 70 2022 4 120 14 70 What is the percentage increase in prices from 2020 to 2021? a. 0 percent b. 13 percent c. 16 percent d. 22 percent e. 38 percent
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