Prepare a composite (weighted) index for housing construction costs in 2008, using the following data. Reference Year Type of Housing Percent (100), S/t² 67 2008, S/m? 65 49 Single units Duplex units Multiple 8 44 63 25 36 56 The composite (weighted) index for housing construction costs in 2008 is.. .....

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Economics
Prepare a composite (weighted) index for housing construction costs in 2008, using the following data.
Reference Year
(/=100), S/?
Туре of
Housing
Single units
Duplex units
Multiple
Percent
2008, S/n?
67
49
65
44
63
25
36
56
The composite (weighted) index for housing construction costs in 2008
is...
Transcribed Image Text:Economics Prepare a composite (weighted) index for housing construction costs in 2008, using the following data. Reference Year (/=100), S/? Туре of Housing Single units Duplex units Multiple Percent 2008, S/n? 67 49 65 44 63 25 36 56 The composite (weighted) index for housing construction costs in 2008 is...
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