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Getting crazy #lumber #pricegouging #ItsOurHome #ceoofconstruction #fy | Charlotte Garrick

The following data indicate the price indices of lumber (price index for the base period (1982)=100) during the last six years: (a) If the base period (price index =100 ) is reset to the year 1997 , compute the average price index for lumber between 1997 and 2002 (b) If the past trend is expected to continue. bow would you estimate the price of lumber in 2003 ? | Numerade

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