If an inflation forecast is based on last year's inflation rate, it is said to be

The average price of ten commodities is $330. If an eleventh commodity whose price is $600 is included in the calculation, the new average is:

A) $330.35. B) $450.25. C) $354.54. D) $254.54.

Differentiate between a change in demand and a change in quantity demanded

What will be an ideal response?