Solution-Affect the consumer price index

Affect the consumer price index

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Reference no: EM131098635

In October 2011, Apple introduced the iPhone 4S, which had new features, including camera and voice control, but sold at the same price as the previous iPhone model. How did the introduction of the iPhone 4S affect the Consumer Price Index? What factors in the calculation of the CPI caused this effect?

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Reference no: EM131098635

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Affect the consumer price index

Reference no: EM131098635

Reference no: EM131098635

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