7 . 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? C) 4795 C) 8696 C) 9095 By what percentage did the wage rise? C) 169% C) 569% C) 12896 In order to earn enough to buy a dozen eggs, a worker had to work V minutes in December 2000 and v minutes in December 2017. (Note: Select the answers closest to the values you compute.) Workers' purchasing power in terms of eggs v between 2000 and 2017