katielynfoot
09.09.2019 •
Mathematics
There are 7 questions in this group. for convenience the information is repeated for each question. in 1989, the price of eggs was $0.89/dozen, the consumer price index (cpi) was 124.0, and average hourly wage in manufacturing was $10.00; in 1999, the price of eggs was $1.72 per dozen, the cpi was 166.6, and average hourly wage in manufacturing was $13.91. using cpi as the base, what was the relative price of eggs in 1989?
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