(Answered) A dozen cost 088 in january 1980 and 211 in january 2015

Economics

A dozen cost $0.88 in January 1980 and 2.11 in January 2015. The average wage for production workers was $7.58 per hour in January 1980 and $19.64 in January 2015 for production workers was $7.58 per hour in January 1980 and $19.64 in January 2015.

By what percentage did the price of eggs rise?

By what percentage did the wage rise?

c. In each year, how many minutes did a worker have to work to earn enough to buy a dozen eggs?

d. Did workers' purchasing power in terms of eggs rise or fall?

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