Refer to the information in the following table:
$$\begin{array} { | c | c | c | }
\hline \text { Year } & \begin{array} { c }
\text { Price of All } \
\text { Gands }
\end{array} & \begin{array} { c }
\text { Price of } \
\text { Bmrirtphanes }
\end{array} \
\hline 2015 & 100 & 100 \
\hline 2016 & 103 & 101 \
\hline 2017 & 105 & 102 \
\hline 2018 & 107 & 103 \
\hline
\end{array}$$ Using the numerical examples in the table, show that the relative price of smartphones can fall on occasions where the price of those goods could be rising, falling, or remaining unchanged.

Question

Refer to the information in the following table:
 $$\begin{array} { | c | c | c | } 
\hline \text { Year } & \begin{array} { c } 
\text { Price of All } \
\text { Gands }
\end{array} & \begin{array} { c } 
\text { Price of } \
\text { Bmrirtphanes }
\end{array} \
\hline 2015 & 100 & 100 \
\hline 2016 & 103 & 101 \
\hline 2017 & 105 & 102 \
\hline 2018 & 107 & 103 \
\hline
\end{array}$$ Using the numerical examples in the table, show that the relative price of smartphones can fall on occasions where the price of those goods could be rising, falling, or remaining unchanged.

Quizplus · Accepted Answer

The Answer of Refer to the information in the following table:
 $$\begin{array} { | c | c | c | } 
\hline \text { Year } & \begin{array} { c } 
\text { Price of All } \
\text { Gands }
\end{array} & \begin{array} { c } 
\text { Price of } \
\text { Bmrirtphanes }
\end{array} \
\hline 2015 & 100 & 100 \
\hline 2016 & 103 & 101 \
\hline 2017 & 105 & 102 \
\hline 2018 & 107 & 103 \
\hline
\end{array}$$ Using the numerical examples in the table, show that the relative price of smartphones can fall on occasions where the price of those goods could be rising, falling, or remaining unchanged.

Refer to the Information in the Following Table Using the Numerical Examples in the Table, Show That the |