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BigFella9503 BigFella9503
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A year ago
The table below shows hypothetical monthly cell phone plan fees for the identical service over several years.

2018$55
2019$50
2020$40
2021$35
2022$25

TABLE 2-2

Refer to Table 2-2. Assume that 2018 is used as the base year, with the index number = 100. The value of the index number in 2020 is

▸ 72.73.

▸ 137.5.

▸ 1.375.

▸ 100.

▸ 0.72.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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juniorpjuniorp
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A year ago
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