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Price information for selected foods for 2010 and 2018 is given in the table. Price Quantity 2010 2,000 200 Item 2010 2018 2018 Cabbage (pound) Carrots (bunch) Peas (quart) Endive (bunch) $0.06 $0.05 1,500 200 0.10 0.12 0.20 0.18 400 500 0.15 0.15 100 200 Click here for the Excel Data File Compute a simple aggregate price index. Use 2010 as the base period. (Round your answer to 2 decimal places.)

Price information for selected foods for 2010 and 2018 is given in the table. Price Quantity 2010 2,000 200 Item 2010 2018 2018 Cabbage (pound) Carrots (bunch) Peas (quart) Endive (bunch) $0.06 $0.05 1,500 200 0.10 0.12 0.20 0.18 400 500 0.15 0.15 100 200 Click here for the Excel Data File Compute a simple aggregate price index. Use 2010 as the base period. (Round your answer to 2 decimal places.)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Price information for selected foods for 2010 and 2018 is given in the table. Price Quantity 2018 Item 2010 2018 2010 Cabbage (pound) Carrots (bunch) Peas (quart) Endive (bunch) $0.06 $0.05 2,000 200 1, 500 0.10 0.12 200 0.20 0.18 400 500 0.15 0.15 100 200 Click here for the Excel Data File Compute a simple aggregate price index. Use 2010 as the base period. (Round your answer to 2 decimal places.) Simple aggregate price index
Transcribed Image Text:Price information for selected foods for 2010 and 2018 is given in the table. Price Quantity 2018 Item 2010 2018 2010 Cabbage (pound) Carrots (bunch) Peas (quart) Endive (bunch) $0.06 $0.05 2,000 200 1, 500 0.10 0.12 200 0.20 0.18 400 500 0.15 0.15 100 200 Click here for the Excel Data File Compute a simple aggregate price index. Use 2010 as the base period. (Round your answer to 2 decimal places.) Simple aggregate price index
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