How much did the price of laptops change

Reference no: EM131481346

Question: The price of a typical laptop computer has fallen from $2,000 in 1985 to $800 today. At the same time, the consumer price index has risen from 100 to 250. Adjusting for inflation, how much did the price of laptops change? Does this answer seem right to you, or is it missing something? Explain your response.

Reference no: EM131481346

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