Table 3.13 shows the monthly index of sales of a good during the first four months of
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Table 3.13 shows the monthly index of sales of a good during the first four months of the year.
(a) Which month is chosen as the base year?
(b) If sales in February are 3840, what are the sales in April?
(c) What is the index number in May if sales are 4256?
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