The Data in the Table Above Shows the Consumption by |

question 39

Multiple Choice

$$\begin{array} { | l | c | c | c | c | } \hline \text { Item } & \begin{array} { c } \text { Quantity } \\( 2009 ) \end{array} & \text { Price (2009) } & \begin{array} { c } \text { Quantity } \\( 2010 ) \end{array} & \text { Price (2010) } \\\hline \text { Magazines } & 400 & \$ 5.00 & 450 & \$ 4.50 \\\hline \text { Movie tickets } & 50 & \$ 6.00 & 200 & \$ 8.00 \\\hline \text { Pizzas } & 100 & \$ 10.00 & 120 & \$ 10.50 \\\hline\end{array}$$
The data in the table above shows the consumption by families in an economy.The year 2009 is the reference base period.
-Based on the table above, the CPI for 2010 is

• A) 98.5.
• B) 105.1.
• C) 102.5.
• D) 5.0 percent.
• E) 100.

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Definitions:

Buying Decisions

The process or act of choosing to purchase a product or service based on various factors like need, desire, and affordability.

Social Factors

Elements that influence individuals' behavior and attitudes, including cultural, societal norms, and community influences.

Product Advantage

The benefits or superior features that make a product more desirable to consumers compared to competitors' offerings.

Buyer

An individual or entity that purchases goods or services for personal use or for the purpose of resale.