Following are the quantities and prices for the years 2010 and 2018 for Kinzua Valley Geriatrics. Use 2010 as the base period.     2010   2018       Item Price Quantity Price   Quantity   Syringes (dozen) 6.22 1,220 6.64   1,065   Thermometers 8.54 12 15.64   10   Advil (bottle) 3.05 370 6.39   341   Patient record forms (box) 7.13 1,194 11.36   1,505   Copier paper (box) 12.27 33 14.56   58                 d. Determine the Paasche price index. (Round your answer to 2 decimal places.)   e. Determine Fisher's ideal index.

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Following are the quantities and prices for the years 2010 and 2018 for Kinzua Valley Geriatrics. Use 2010 as the base period.

 

  2010   2018      
Item Price Quantity Price   Quantity  
Syringes (dozen) 6.22 1,220 6.64   1,065  
Thermometers 8.54 12 15.64   10  
Advil (bottle) 3.05 370 6.39   341  
Patient record forms (box) 7.13 1,194

11.36

  1,505  
Copier paper (box) 12.27 33 14.56   58  
             

d. Determine the Paasche price index. (Round your answer to 2 decimal places.)

 



e. Determine Fisher's ideal index. (Round your answer to 2 decimal places.)

 
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