18. Use the information in Figure 2 below to answer questions 18 through to 22. The data in Figure 2 below has to do with the stocks of three of South Africa's biggest mobile network operators STOCK MTN Vodacom Cell C A. 0.71, 0.67 B. 0.57, 0.75 C. 0.75, 0.77 D. 0.70, 0.81 A. 3.01, 1.41 B. 1.03, 4.11 C. 1.30, 1.14 D. 0.03, 4.00 PRICE Po 2008 285 155 110 QTY qo 2008 370 320 700 A. 1.24 B. 0.88 C. 0.780 D. 1.42 PRICE P₁ 2011 215 A. 1.322 B. 1.323 120 90 C. 1.223 D. 1.232 QTY 91 2011 480 Figure 2 Calculate the approximate price relatives to two decimal places for the MTN and Vodacom stocks over the period in question. 380 800 Poqo 19. Calculate the approximate quantity relatives to two decimal places for the MTN and Cell C stocks over the period in question. Poq1 P100 20. Looking at the stock information in figure 2, what would you conclude about the South African Mobile Phone sector between 2008 and 2011? A. The market was very depressed between the period 2008-2011 as cellular stocks remained below 2008 prices through the period to 2011. B. The market was solid and prices were rising between 2008 and 2011 C. Prices fell steadily but investors remained hopeful that the market was going to rebound in the near to medium term D. The market crashed and plateaued between 2008 and 2011 21. Calculate approximately to 3 decimal places the composite price index for all three stock between 2008 and 2011. 22. Calculate approximately to 3 decimal places the composite quantity index for all three stocks for the period 2008 to 2011.

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18. Use the information in Figure 2 below to answer questions 18 through to 22.
The data in Figure 2 below has to do with the stocks of three of South Africa's biggest mobile network
operators
STOCK
MTN
Vodacom
Cell C
Figure 2
A. 0.71, 0.67
B. 0.57, 0.75
C. 0.75, 0.77
D. 0.70, 0.81
A. 3.01, 1.41
B. 1.03, 4.11
C. 1.30, 1.14
D. 0.03, 4.00
PRICE
Po
2008
285
155
110
QTY
qo
2008
370
320
700
Calculate the approximate price relatives to two decimal places for the MTN and Vodacom stocks over the
period in question.
A. 1.24
B. 0.88
PRICE
P₁
2011
215
120
90
C. 0.780
D. 1.42
QTY
9₁1
2011
480
380
800
19. Calculate the approximate quantity relatives to two decimal places for the MTN and Cell C stocks over
the period in question.
Poqo
A. 1.322
B. 1.323
C. 1.223
D. 1.232
Poq1
P₁0⁰
20. Looking at the stock information in figure 2, what would you conclude about the South African Mobile
Phone sector between 2008 and 2011?
A. The market was very depressed between the period 2008-2011 as cellular stocks remained below
2008 prices through the period to 2011.
B. The market was solid and prices were rising between 2008 and 2011
C. Prices fell steadily but investors remained hopeful that the market was going to rebound in the near
to medium term
D. The market crashed and plateaued between 2008 and 2011
21. Calculate approximately to 3 decimal places the composite price index for all three stock between 2008
and 2011.
22. Calculate approximately to 3 decimal places the composite quantity index for all three stocks for the
period 2008 to 2011.
Transcribed Image Text:18. Use the information in Figure 2 below to answer questions 18 through to 22. The data in Figure 2 below has to do with the stocks of three of South Africa's biggest mobile network operators STOCK MTN Vodacom Cell C Figure 2 A. 0.71, 0.67 B. 0.57, 0.75 C. 0.75, 0.77 D. 0.70, 0.81 A. 3.01, 1.41 B. 1.03, 4.11 C. 1.30, 1.14 D. 0.03, 4.00 PRICE Po 2008 285 155 110 QTY qo 2008 370 320 700 Calculate the approximate price relatives to two decimal places for the MTN and Vodacom stocks over the period in question. A. 1.24 B. 0.88 PRICE P₁ 2011 215 120 90 C. 0.780 D. 1.42 QTY 9₁1 2011 480 380 800 19. Calculate the approximate quantity relatives to two decimal places for the MTN and Cell C stocks over the period in question. Poqo A. 1.322 B. 1.323 C. 1.223 D. 1.232 Poq1 P₁0⁰ 20. Looking at the stock information in figure 2, what would you conclude about the South African Mobile Phone sector between 2008 and 2011? A. The market was very depressed between the period 2008-2011 as cellular stocks remained below 2008 prices through the period to 2011. B. The market was solid and prices were rising between 2008 and 2011 C. Prices fell steadily but investors remained hopeful that the market was going to rebound in the near to medium term D. The market crashed and plateaued between 2008 and 2011 21. Calculate approximately to 3 decimal places the composite price index for all three stock between 2008 and 2011. 22. Calculate approximately to 3 decimal places the composite quantity index for all three stocks for the period 2008 to 2011.
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