The "new product bias" in the consumer price index refers to the idea that Select one: a. Consumers switch to new goods when the prices of old goods increase, and the CPI overestimates the cost to consumers. b. Consumers switch to old goods when the prices of new goods increase, and the CPI underestimates the cost to consumers. c. Consumers prefer new goods, even if they are worse in quality than old goods, and this causes the CPI to underestimate the cost to consumers. d. New products' prices often decrease after their initial introduction, and the CPI is adjusted infrequently and overestimates the cost to consumers. Previous page

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$527.7.if the following was the question  $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?