Question

Ten years ago, a smoothie at Kay's Smoothies cost $1.25. Today it costs $2.00. In order to attribute this price increase of smoothies at Kay's to inflation, what else would need to be true?



Select the best answer from the choices provided.



The price of other products at the store would need to have decreased.



The profit margin on smoothies sold would need to have increased.



The price of other smoothies would need to have increased.



The price of other products would need to have increased.

Answer 1

B.

Answer 2

B is right