Question: 3 . Ch . 1 6 Problems and Applications Q 7 A dozen eggs cost $ 0 . 9 6 in December 2 0 0

3. Ch.16 Problems and Applications Q7
A dozen eggs cost $0.96 in December 2000 and $1.82 in December 2017. The average wage for workers in private industries was $14.28 per hour in December 2000 and $22.31 in December 2017.
By what percentage did the price of a dozen eggs rise?
47%
86%
90%
By what percentage did the wage rise?
16%
56%
128%
In order to earn enough to buy a dozen eggs, a worker had to workminutes in December 2000 andminutes in December 2017.(Note: Select the answers closest to the values you compute.)
Workers' purchasing power in terms of eggsbetween 2000 and 2017.

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