Question: 8A (Q1) Quick Check BA 1 Based on Table 8.1 1. answer the following questions. Table 8.11 Prices of three types of commodities Price per

8A (Q1)

Quick Check BA 1 Based on Table 8.1 1. answer the following questions. Table 8.11 Prices of three types of commodities Price per unit (RM) Commodity 2019 2017 2018 290 3.55 3.10 10.25 10 25 10.45 4.15 3:75 4.25 (al Calculate the simple relative price index of each item for 2018 using 2017 as the base year and explain the results obtained. (b) Calculate the simple relative price index of each item for 2019 using 2017 as the base year

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