In a working class budget enquiry in towns A and B, it was found in 2014 that an average working class family's expenditure on food and other items was as follows : Town A Town B () Food (i) Other items In 2017, the consumer price index stood at 279 for town A, 265 for town B (Base year 2014 = 100). It was known that the rise in the prices of all articles consumed by the working class was the same for A and B. 64% 36% 50% 50%

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.3: Modeling Data With Power Functions
Problem 6E: Urban Travel Times Population of cities and driving times are related, as shown in the accompanying...
icon
Related questions
Question
In a working class budget enquiry in towns A and B, it was found in 2014
that an average working class family's expenditure on food and other items was as follows :
Town A
Town B
() Food
(i) Other items
In 2017, the consumer price index stood at 279 for town A, 265 for town B (Base year
2014 = 100). It was known that the rise in the prices of all articles consumed by the working class
was the same for A and B.
What was the 2017 index for (a) food, and (b) other items ?
64%
36%
50%
50%
Transcribed Image Text:In a working class budget enquiry in towns A and B, it was found in 2014 that an average working class family's expenditure on food and other items was as follows : Town A Town B () Food (i) Other items In 2017, the consumer price index stood at 279 for town A, 265 for town B (Base year 2014 = 100). It was known that the rise in the prices of all articles consumed by the working class was the same for A and B. What was the 2017 index for (a) food, and (b) other items ? 64% 36% 50% 50%
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer