The Paasche price index for 200S, with 2006 as the base year is:
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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Transcribed Image Text:The Paasche price index for 2008, with 2006 as the base year is:
O A.
96.63
B. 97.63
Oc.
101.16
D.
100.61

Transcribed Image Text:Tugela furnishers has maintained records on its three most popular items for three consecutive years. The data are given in the table below. The prices are the unit price in rands and the quantities
are in number of units sold:
Household items Price
Quantity
2006
2007
|2008
2006
2007
2008
Kitchenettes
2800
3000
3100
50
55
65
Television sets
2580
2550
2480
100
120
150
Microwave
2450
2440
2440
10
20
40
ovens
The Paasche price index for 2008, with 2006 as the base year is:
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