According to data given in the table, to use index system to analyze the effectprice and sales volume variation put on sales value.Unit price (yuan)Commodity's MeasurementunitSales volumename2017 year2018 year2017 year2018 yearKnitting woolkg40040044.648.5Cotton8509007.58.2Leather shoespair70076088.0105

We are going to analyse the effect of various types of indexes on sales value.

According to data given in the table, to use index system to analyze the effect price and sales volume variation put on sales value. Commodity's Measurement unit Sales volume Unit price (yuan) name 2017 year 2018 year 2017 year 2018 year Knitting wool kg 400 400 44.6 48.5 Cotton m 850 900 7.5 8.2 Leather shoes pair 700 760 88.0 105

According to data given in the table, to use index system to analyze the effect price and sales volume variation put on sales value. Commodity's Measurement unit Sales volume Unit price (yuan) name 2017 year 2018 year 2017 year 2018 year Knitting wool kg 400 400 44.6 48.5 Cotton m 850 900 7.5 8.2 Leather shoes pair 700 760 88.0 105

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter22: Inflation

Section: Chapter Questions

Problem 35P: With in 1 or 2 percentage points, what has the U.S. inflation rate been during the last 20 years?...

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