193,737 views
19 votes
19 votes
In 2016, SONY released its newest version of the PlayStation, the PlayStation 4 Pro. The retail price was $399.99. Many consumers felt that this gaming console was overpriced. They pointed to the original PlayStation that was released in 1995 with a list price of $300. Using the fact that the CPI was 152.4 in 1995 and 240.0 in 2016, adjust the price of the original PlayStation to 2016 dollars. Which gaming console would you conclude was more expensive? Adjusted price: ?

User Bushikot
by
2.4k points

2 Answers

22 votes
22 votes

Answer:

i have no "porra(translate from portuguese)" of idea

Explanation:

User Nathan English
by
3.4k points
9 votes
9 votes

Answer:

1995, because you were paying $1.96 for 1 CPi, now you are paying around $1.16

Explanation:

User Jefferson Tavares
by
3.0k points