14 Calculate the index number by using suitable formula for 1985 on the basis of 1980 from the following information: Year Product X Product Y Product Z Price Quantity Price Quantity Price Quantity 1980 4 54 10 2 1985 10 40 4

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.1: Equations
Problem 70E
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14 Calculate the index number by using suitable formula for
1985 on the basis of 1980 from the following information:
Year
Product X
Product Y
Product Z
Price
Quantity Price Quantity Price Quantity
1980
4
54
10
2
1985
10
40
8.
8.
4.
Transcribed Image Text:14 Calculate the index number by using suitable formula for 1985 on the basis of 1980 from the following information: Year Product X Product Y Product Z Price Quantity Price Quantity Price Quantity 1980 4 54 10 2 1985 10 40 8. 8. 4.
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