A consumer expenditure survey reports the following information on entertainment spending: 20152016 PriceQuantityPriceQuantityMovies$75$87Concerts$302$352Music$167$1510  Using 2015 as the base year, by how much does a "cost of entertainment" index increase between 2015 and 2016?

A. 8.6 percent
B. 29.4 percent
C. 3.9 percent
D. 13.4 percent


Answer: C

Economics

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