Calculate the approximate price relatives to two decimal places for the MTN and Vodacom stocks over the period in question. A. 0.71, 0.67 B. 0.57, 0.75 C. 0.75, 0.77 D. 0.70, 0.81
Calculate the approximate price relatives to two decimal places for the MTN and Vodacom stocks over the period in question. A. 0.71, 0.67 B. 0.57, 0.75 C. 0.75, 0.77 D. 0.70, 0.81
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter9: Monopoly
Section: Chapter Questions
Problem 13RQ: What legal mechanisms protect intellectual property?
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18. Calculate the approximate price relatives to two decimal places for the MTN and Vodacom stocks over the period in question.
A. 0.71, 0.67
B. 0.57, 0.75
C. 0.75, 0.77
D. 0.70, 0.81
![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
PRICE
Po
2008
285
155
110
QTY
9⁰
2008
370
320
700
PRICE
P1
2011
215
120
90
QTY
91
2011
480
380
800
Poqo
Poq₁
P19⁰](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6d682e75-3d83-4664-bc4a-ca1ef91c429f%2F6416decc-5705-4cf7-a015-5d826ec28488%2Fpgqs9c_processed.jpeg&w=3840&q=75)
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
PRICE
Po
2008
285
155
110
QTY
9⁰
2008
370
320
700
PRICE
P1
2011
215
120
90
QTY
91
2011
480
380
800
Poqo
Poq₁
P19⁰
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