Solved

The Table Below Shows Hypothetical Per- Minute Cell Phone Charges

Question 4

Multiple Choice

The table below shows hypothetical per- minute cell phone charges for "pay- and- talk" service over several years. 20050.5520060.5020070.4020080.3520090.25 TABLE 2- 2\begin{array}{l}\begin{array} { | l | l | } \hline 2005 & 0.55 \\\hline 2006 & 0.50 \\\hline 2007 & 0.40 \\\hline 2008 & 0.35 \\\hline 2009 & 0.25 \\\hline\end{array}\\\text { TABLE 2- } 2\end{array}
-Refer to Table 2- 2. Assume that 2005 is used as the base year, with the index number = 100. What is the percentage change in the per- minute charge from 2008 to 2009?


A) - 25.0%
B) - 10.0%
C) - 35.0%
D) - 71.4%
E) - 28.6%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions