Pepsi: $.99 for a 2 liter bottle: Maybe. Same reasons given for Hershey's Chocolate Bar.
McDonald's hamburger: Maybe. Same reasons given for Hershey's Chocolate Bar and Pepsi.
Unleaded gasoline: Yes.
Improve techniques, including robotics in refining oil contributes to improving the quality of the tickets.
Apple Computer: Definitely. Today's computers have greatly improved to two technological advances fracturing them.
Based on what has happened to the purchasing power of people earning the minimum wage?
Hershey Bar: 1.45 oz - 40 cents; 1.65 oz cents/75 cent = 88% increase.
Pepsi: $.89 for a 2 liter bottle (historic food prices) = 11% increase.
McDonald's hamburger: 43 cents (historic food prices) = 130% increase.
Unleaded gasoline averaged 93 cents per gallon/$2.75 = 296% increase.
Mac Plus by Apple: $2,600/$2,299 = 11.5 decrease in price.
The federal minimum in 1986 was $3.35/$5.85 = 75% increase.
4. Customer to answer this..
Works Cited
Apple Store. (2007). 3 Oct. 2007. http://store.apple.com/1-800-MY-APPLE/WebObjects/AppleStore?node=home/desktop/iMac&aosid=p203&cid=AOSA10000007859&srccode=cii_10043468&cpncode=10-50119190-2.
Andelman, David a. "Don't Sweat Gas Prices" 3 Oct. 2007. http://www.forbes.com/business/2005/09/28/energy-gasolineprices_cx_daa_0929gas.html...
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