Product 1 2010 45 2011 52 Answer Choices: 2 70 83 3 23 46

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.9: Dividing Real Numbers
Problem 4E
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Related questions
Question
The following table gives prices of 3 products in 2010 and 2011. Find the simple aggregate
index number for 2011 taking 2010 as the base year.
Product
1
2
3
2010
45
70
23
2011
52
83
46
Answer Choices:
a. 132.56
b. 139.78
c. 131.16
d. 116.79
Transcribed Image Text:The following table gives prices of 3 products in 2010 and 2011. Find the simple aggregate index number for 2011 taking 2010 as the base year. Product 1 2 3 2010 45 70 23 2011 52 83 46 Answer Choices: a. 132.56 b. 139.78 c. 131.16 d. 116.79
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