Question: Question 11 The following data sets show the quantities purchased for 3 items over the past 3 years and the prices paid for them: Quantities

Question 11 The following data sets show the quantities purchased for 3 items over the past 3 years and the prices paid for them: Quantities Item 2019 2018 800 600 2020 500 700 800 700 650 600 B 300 Prices Item EA 2018 30 35 2019 31 37 60 2020 32 40 65 B EC 50 Using 2018 as the base year, calculate a Paasche's price index for 2020. (4 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). TT T Arial 3 (12pt) T

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