Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
ChapterA: The Use Of Mathematics In Principles Of Economics
Section: Chapter Questions
Problem 3RQ: Exercise A3 What dome slices of a pie chart represent?
Related questions
Question
The economy of country Y produces 5 commodities; rice, salted fish, sugar, salt, and oil. The following table shows the outputs and prices for year 2000, 2001 and 2002.
Instructions
calculate Paasche
![2000
2001
2002
Commodity
Price
Quantity
Price
Quantity
Price
Quantity
Rp 300
Rp 400
Rp 600
Rp 75
Rp 200
Rp 325
Rp 440
Rp 650
Rp 80
Rp 200
Rp 350
Rp 450
Rp 700
Rp 90
Rp 225
Rice
30
32
35
Salted Fish
25
30
35
Sugar
40
50
55
Salt
20
25
25
Oil
8
10
12](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbf1ebb79-04c0-4391-a987-c086ecd8392a%2Fb172d276-3588-4131-96ca-210bd5c97678%2Fwemuk7f_processed.jpeg&w=3840&q=75)
Transcribed Image Text:2000
2001
2002
Commodity
Price
Quantity
Price
Quantity
Price
Quantity
Rp 300
Rp 400
Rp 600
Rp 75
Rp 200
Rp 325
Rp 440
Rp 650
Rp 80
Rp 200
Rp 350
Rp 450
Rp 700
Rp 90
Rp 225
Rice
30
32
35
Salted Fish
25
30
35
Sugar
40
50
55
Salt
20
25
25
Oil
8
10
12
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