From 1980 to 1990, the consumer price index (CPI) increased from 74.4 to 128.7. If a gallon of apple juice cost $0.78 in 1980 and the price of apple juice increased at the same rate as the CPI from 1980 to 1990, approximately how much did a gallon of apple juice cost in 1990?
A.$1.35
B.$1.55
C.$1.77
D.$1.49
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “From 1980 to 1990, the consumer price index (CPI) increased from 74.4 to 128.7. If a gallon of apple juice cost $0.78 in 1980 and the price ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Bennett Company's high and low level of activity last year was 150,000 units produced in June and 50,000 units produced in January. Machine maintenance costs were $104,000 in June and $40,000 in January.
Answers (2)
The government of a country increased the minimum wage from $21 to $30. A factory owner had to lay off some of his workers because he could not afford to pay all of them. How many people lost their jobs?
Answers (1)
White company is a calendar-year firm with operations in several countries. at january 1, 2018, the company had issued 10,000 executive stock options permitting executives to buy 10,000 shares of stock for $25.
Answers (1)
Explaun how poverty can be a challenge to social responsibility
Answers (1)
Managers of profit centers usually have a. Given excessively high bonuses b. No discretion over decisions c. Most of their decisions overseen by corporate executives d. A lot of discretion over decisions
Answers (2)
New Questions in Business
Jim is a manager of a restaurant. He is very concerned with efficiency and goal accomplishment as well as very intent on making employees happy through lots of participation and open-mindedness.
Answers (1)
Reynolds Manufacturers Inc. has estimated total factory overhead costs of $90,900 and expected direct labor hours of 10,100 for the current fiscal year.
Answers (1)
The following information came from the income statement of the Wilkens Company at December 31, 2017: sales revenue $1,800,000; beginning inventory $160,000; ending inventory $240,000; and gross profit $600,000.
Answers (1)
MacKenzie Company sold $300 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 1.5% service charge for sales on its credit cards and credits MacKenzie's account immediately when sales are made.
Answers (1)
Bill signs a check payable to the order of City Bank, filling in the blanks for the amount with the figures "$100" and "One thousand and 00/100dollars." This check is payable in the amount of a. $0. b. $100. c. $1,000. d. $1,100.
Answers (1)