The cost of living index number rose during 1998 by one quarter of what it was during 1997 to 225. The index of food went to 250 from 200, that of cloth from 190 to 210, that of fuel from 180 to 190, and that of other items from 140 to 160, while that of rent remained unchanged at 150. If the weight of fuel, rent and clothing were the same, determine the exacts weight of all the groups of items. Also comment upon the paradoxical result, if any.
The cost of living index number rose during 1998 by one quarter of what it was during 1997 to 225. The index of food went to 250 from 200, that of cloth from 190 to 210, that of fuel from 180 to 190, and that of other items from 140 to 160, while that of rent remained unchanged at 150. If the weight of fuel, rent and clothing were the same, determine the exacts weight of all the groups of items. Also comment upon the paradoxical result, if any.
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter34: Customary Micrometers
Section: Chapter Questions
Problem 5A
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Transcribed Image Text:Illustration 63.
The cost of living index number rose during 1998 by one quarter of what it
was during 1997 to 225. The index of food went to 250 from 200, that of cloth
from 190 to 210, that of fuel from 180 to 190, and that of other items from 140
to 160, while that of rent remained unchanged at 150. If the weight of fuel, rent
and clothing were the same, determine the exacts weight of all the groups of items.
Also comment upon the paradoxical result, if any.
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