The Table Below Shows the Prices of Three Consumer Goods

question 92

Multiple Choice

The table below shows the prices of three consumer goods in three years, respectively: 2010, 2011, and 2012. 2010 is assumed to be the base year. Based on the table, the price index in 2011 is _____.Table 11-1

• A)88.3
• B)101.1
• C)113.2
• D)126.5
• E)150

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Definitions:

Law Of Partnership

Legal principles governing the operation, formation, and dissolution of partnership businesses.

Torts

Torts refer to civil wrongs recognized by law as grounds for a lawsuit, resulting in injury or harm to someone, for which the injured party may receive compensation or relief.

Partnership Business

A type of business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.

Partnership

A legal arrangement in which two or more individuals share ownership of a business, including its profits, liabilities, and operational responsibilities.