Question: Answer the following TWO questions... Show the calculation steps Q#1: Data for selected vegetables purchased at wholesale prices for 1995 and 2007 are shown next.
Answer the following TWO questions... Show the calculation steps Q#1: Data for selected vegetables purchased at wholesale prices for 1995 and 2007 are shown next. 1995 2007 Cabbage (16) Carrots (bunch) Peas (quart) Broccolli Bunch) Price $0.06 $0.10 $0.20 $0.30 Quantity 2000 200 400 100 Price $0.05 $0.12 $0.18 $0.50 Quantity 1500 200 500 200 Calculate: I a) The simple price relative for peas b) The simple price relative for broccoli C) The simple price relative for cabbage d) The simple price relative for carrots e) The Simple Aggregate Price Index f) The Fisher's Ideal Index g) The Value Index
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