The cost of all the raw materials increased by 12% from the year 2017 to 2019. Find the composite Index in the year 2019 based on the year 2015.
The cost of all the raw materials increased by 12% from the year 2017 to 2019. Find the composite Index in the year 2019 based on the year 2015.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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This is an exercise. The cost of all the raw materials increased by 12% from the year 2017 to 2019. Find the composite Index in the year 2019 based on the year 2015.
![Raw material
Bahan mentah
Price (RM) per kg
Harga (RM) per kg
Price index in the year 2017 based on the year 2015 | Weightage
Indeks harga pada tahun 2017 berasaskan tahun 2015
Pemberat
2015
2017
2.00
2.50
4.
В
1.50
y
150
C
4.00
5.00
125
12
D
1.50
120](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3378cc72-85ef-4cec-bf11-b8c90b5961b9%2F991fcfe4-cdf8-45d1-aeed-01b9bbfc3684%2Ftu5vws_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Raw material
Bahan mentah
Price (RM) per kg
Harga (RM) per kg
Price index in the year 2017 based on the year 2015 | Weightage
Indeks harga pada tahun 2017 berasaskan tahun 2015
Pemberat
2015
2017
2.00
2.50
4.
В
1.50
y
150
C
4.00
5.00
125
12
D
1.50
120
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