item 2020 unit price (P0) 2020quantity (q0) 2021 UNIT PRICE (P1) 2021 quantiy (q1) mineral spirits R23,70 30 R27.70 45 100mm spanner R49.00 60 R65.00 50 25mm brush R58.00 30 R63.00 40           Using 2020 as the base year, compute the price relatives in 2021 for the 10mm spanner and the 25mm brush AND compute the Paasche price index for all of the items for 2021.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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item 2020 unit price (P0) 2020quantity (q0) 2021 UNIT PRICE (P1) 2021 quantiy (q1)
mineral spirits R23,70 30 R27.70 45
100mm spanner R49.00 60 R65.00 50
25mm brush R58.00 30 R63.00 40
         

Using 2020 as the base year, compute the price relatives in 2021 for the 10mm

spanner and the 25mm brush AND compute the Paasche price index for all of the items for 2021. 

 

 

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