Question: A trucking firm handles four commodities for a particular distributor
A trucking firm handles four commodities for a particular distributor. Total shipments for the commodities in 1994 and 2009, as well as the 1994 prices, are reported in the following table.
Develop a weighted aggregate quantity index with a 1994 base. Comment on the growth or decline in quantities over the 1994-2009 period.
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