Economics (b) Aquarine Garden condominium requires imported finishes materials to fulfill the client's requirements. However, due to the Covid-19 pandemic situation and border closure, construction material prices have increased and are expected to influence the 2023 development. Table Q3 shows the price, indices and weightage for four types of finishes material for the proposed project. (i) (ii) (iii) A B C D Find the missing value of x,y, and z first. If considering the composite index for the price of the C to be 118.5 in the year 2021 based on the year 2019, what is the value of a. C3 The total cost of materials in the year 2019 is 350. Calculate the corresponding total cost in the year 2021. C3 The price index for B in the year 2022 based on the year 2019 is 132. Calculate the price index for B in the year 2023 based on the year 2021. C4 Price per unit 2019 2020 2021 2.50 2.30 2.00 3.50 4.00 4.20 2.00 2.30 5.30 Z y 5.80 Table Q3 Price index for the year 2021 based on the year 2019 X 120 135 116 Weightage 2 3 a 4

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