Price information for selected foods for 2010 and 2018 is given in the table. Price Quantity Item 2010 2018 2010 2018 Cabbage (pound) $ 0.06 $ 0.05 2,000 1,500 Carrots (bunch) 0.10 0.12 200 200 Peas (quart) 0.20 0.18 400 500 Endive (bunch) 0.15 0.15 100 200
Price information for selected foods for 2010 and 2018 is given in the table. Price Quantity Item 2010 2018 2010 2018 Cabbage (pound) $ 0.06 $ 0.05 2,000 1,500 Carrots (bunch) 0.10 0.12 200 200 Peas (quart) 0.20 0.18 400 500 Endive (bunch) 0.15 0.15 100 200
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Price information for selected foods for 2010 and 2018 is given in the table.
| Price | Quantity | ||||||||||||
| Item | 2010 | 2018 | 2010 | 2018 | |||||||||
| Cabbage (pound) | $ | 0.06 | $ | 0.05 | 2,000 | 1,500 | |||||||
| Carrots (bunch) | 0.10 | 0.12 | 200 | 200 | |||||||||
| Peas (quart) | 0.20 | 0.18 | 400 | 500 | |||||||||
| Endive (bunch) | 0.15 | 0.15 | 100 | 200 | |||||||||
Compute a simple price index for each of the four items. Use 2010 as the base period. (Round your answers to 2 decimal places.)
Transcribed Image Text:Item
Simple price index
Cabbage
Carrots
Рeas
Endive
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