Table 24-4. Will's expenditures on food for three consecutive years, along with other values, are presented in the following table.

Year
1 2 3
Expenditures on food $5,000 $5,800 $6,600
Consumer price index 160.0 168.0 x

Refer to Table 24-4. Suppose Will's Year 2 food expenditures in Year 3 dollars amount to $6,235. Then x, the consumer price index for Year 3, has a value of

a. 177.5.
b. 171.2.
c. 180.6.
d. 175.0.

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.