In 2017, a certain tech company's revenue broke $100 billion for the first time. Suppose the revenue for the company for the years 2010-2017 is shown.RevenueYearCPI($ billions)201028.1218.1201136.9224.9201246.8229.6201352.0233.0201469.4236.7201572.0237.0201687.1240.02017106.1245.1Deflate the revenue in billion dollars based on the CPI (1982-1984 base period). (Round your answers to one decimal place.)2010billion2011billion2012billion2013billion2014billion2015billion2016billion2017billionComment on the company's revenue in deflated dollars.O The company's revenue in deflated dollars has decreased every year from 2010 to 2017.The company's revenue in deflated dollars has decreased in all but one year from 2010 to 2017.O The company's revenue in deflated dollars has increased every year from 2010 to 2017.O The company's revenue in deflated dollars has increased in half of the years and decreased in half of the years from 2010 to 2017.O The company's revenue in deflated dollars has increased in all but one year from 2010 to 2017.

Deflated Revenue can be calculated as Deflated Revenue = R x 100CPI Here, R = RevenueCPI =…

In 2017, a certain tech company's revenue broke $100 billion for the first time. Suppose the revenue for the company for the years 2010-2017 is shown. Revenue ($ billions) Year CPI 2010 28.1 218.1 2011 36.9 224.9 2012 46.8 229.6 2013 52.0 233.0 2014 69.4 236.7 2015 72.0 237.0 2016 87.1 240.0 2017 106.1 245.1 Deflate the revenue in billion dollars based on the CPI (1982-1984 base period). (Round your answers to one decimal place.) 2010 |ыllion ill.

In 2017, a certain tech company's revenue broke $100 billion for the first time. Suppose the revenue for the company for the years 2010-2017 is shown. Revenue ($ billions) Year CPI 2010 28.1 218.1 2011 36.9 224.9 2012 46.8 229.6 2013 52.0 233.0 2014 69.4 236.7 2015 72.0 237.0 2016 87.1 240.0 2017 106.1 245.1 Deflate the revenue in billion dollars based on the CPI (1982-1984 base period). (Round your answers to one decimal place.) 2010 |ыllion ill.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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