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NNF1024 NNF1024
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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. Which of the following series is the correct set of index numbers for the monthly cell phone charges from 2021 to 2022?

▸ 100; 91; 73; 64; 45

▸ 1.0; 0.91; 0.73; 0.64; 0.45

▸ 100%; 91%; 73%; 64%; 45%

▸ 0.55; 0.50; 0.40; 0.35; 0.25

▸ 55; 50; 40; 35; 25
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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bwhurdbwhurd
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A year ago
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NNF1024 Author
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A year ago
This helped my grade so much Perfect
branbran2k16
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Smart ... Thanks!
shelbycox
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2 hours ago
Correct Slight Smile TY
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