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
Chapter1: Introduction To Algebra
Section1.5: Translating Sentences Into Equations
Problem 27WE
icon
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
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill