Multiple Choice
The wholesale price of a straight-back desk chair in 2004 was $70; in 2005,$80.50; and in 2006,$63. What were the indexes for 2005 and 2006 using 2004 = 100?
A) 115.0 and 90.0
B) 1.15 and 0.9
C) 1,150.0 and 900.0
D) 87.0 and 111.1
Correct Answer:
Verified
Correct Answer:
Verified
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