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32264 32264
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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. What is the percentage change in the monthly fee from 2021 to 2022?

▸ -35.0%

▸ -10.0%

▸ -25.0%

▸ -71.4%

▸ -28.6%
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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fassfass
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A year ago
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32264 Author
wrote...

A year ago
Helped a lot
Lawson1981
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Yesterday
Good timing, thanks!
patod1
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2 hours ago
Thanks
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