Suppose you needed $ 24 comma 000 to maintain a particular standard of living in 1979 . how much would you have needed in 2000 to maintain the same standard of living? assume that all prices have risen at the same rate as the cpi. how much would you have needed?

In myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. in china, ten laborers, each making the equivalent of $ 2.25 per day, can produce 48 units. in billings comma montana, two laborers, each making $ 60.00 per day, can make 102 units. based on labor cost per unit only, the most economical location to produce the item is china , with a labor cost per unit of $ . 05. (enter your response rounded to two decimal places.)