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Calculate the Price of a Loaf of Bread at P₈

Question 8

Question 8

Multiple Choice

Calculate the price of a loaf of bread at p₈when p₀=$1.26 and I_8/0=104 (0 decimal places) .

A) $1.25
B) $1.28
C) $1.31
D) $1.34

Correct Answer:
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