Use the following price information for selected items for 2010 and 2018. Production figures for those two periods are also given. Price Quantity Item 2010 2018 2010 2018 Aluminum (cents per pound) $ 0.82 $ 0.86 1,000 1,200 Natural gas $ per million BLA 4.37 2.99 5,000 4,000 Petroleum (barrel) 71.21 58.15 60,000 60,000 Platinum (troy ounce) 1,743.60 1,292.53 500 600 Determine Fisher's ideal index for 2018 using 2010 as the base period. (Round your answer to 2 decimal places.)
Use the following price information for selected items for 2010 and 2018. Production figures for those two periods are also given. Price Quantity Item 2010 2018 2010 2018 Aluminum (cents per pound) $ 0.82 $ 0.86 1,000 1,200 Natural gas $ per million BLA 4.37 2.99 5,000 4,000 Petroleum (barrel) 71.21 58.15 60,000 60,000 Platinum (troy ounce) 1,743.60 1,292.53 500 600 Determine Fisher's ideal index for 2018 using 2010 as the base period. (Round your answer to 2 decimal places.)
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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Use the following price information for selected items for 2010 and 2018. Production figures for those two periods are also given.
Price | Quantity | ||||||||||||
Item | 2010 | 2018 | 2010 | 2018 | |||||||||
Aluminum (cents per pound) | $ | 0.82 | $ | 0.86 | 1,000 | 1,200 | |||||||
Natural gas $ per million BLA | 4.37 | 2.99 | 5,000 | 4,000 | |||||||||
Petroleum (barrel) | 71.21 | 58.15 | 60,000 | 60,000 | |||||||||
Platinum (troy ounce) | 1,743.60 | 1,292.53 | 500 | 600 | |||||||||
Determine Fisher's ideal index for 2018 using 2010 as the base period. (Round your answer to 2 decimal places.)
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