. The following table gives the prices and quantities of four commodities A, B, C and D for the year 2000 and 2003. 2000 2003 -ттоdity Price Rs. Quantity Kg. Price Rs. Оuantity A 40 10 50 7 20 30 8. 30 6. 40 10 10 9. 20 10 It is also given : £ P,g, = 770, E P¸q, = 1190, E P,9= 1070, E P91= 840. The price index for 2003 with 2000 as base by using Marshall Edgeworth's methods is : - (A) 140.37 (В) 130.37 (C) 110,37 (D) 150 37

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
100%
3. The following table gives the prices and quantities of four commodities A, B, C andD for
the year 2000 and 2003.
2000
2003
Соmmodity
Price Rs.
Quantity Kg.
Price Rs.
Риantity
A
40
10
50
7
B
20
30
8.
C
30
6.
40
10
D
10
9.
20
10
It is also given : £ P9, = 770, EP,q,=1190, E P,q,= 1070, £ P,9, = 840. The price index
for 2003 with 2000 as base by using Marshall Edgeworth's methods is :
(А) 140.37
(B) 130.37
(C) 110.37
(D) 150.37
Transcribed Image Text:3. The following table gives the prices and quantities of four commodities A, B, C andD for the year 2000 and 2003. 2000 2003 Соmmodity Price Rs. Quantity Kg. Price Rs. Риantity A 40 10 50 7 B 20 30 8. C 30 6. 40 10 D 10 9. 20 10 It is also given : £ P9, = 770, EP,q,=1190, E P,q,= 1070, £ P,9, = 840. The price index for 2003 with 2000 as base by using Marshall Edgeworth's methods is : (А) 140.37 (B) 130.37 (C) 110.37 (D) 150.37
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman