ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Transcribed Image Text:K
Quantity
Price
Price
Item
(2011)
(2011)
(2012)
Salt
2
$1.00
$2.00
Bread
20
$2.50
$3.00
The data in the table above shows the consumption by families in a small (poor) economy. The families
salt and bread. The reference base period is 2011. The CPI in 2012 is
OA. 23.1
B. 18.8
O c. 100.
00
D. 123.1
e
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