Question: The following lable reports prices and usage quanties for two items in 2016 and 2018. {Round your answers to the nearest integer.) [3} Compute price

The following lable reports prices and usage quanties for two items in 2016 and 2018. {Round your answers to the nearest integer.) [3} Compute price relatives for each item in 2013 using 2016 as the base period. {b} Compute an unweighted aggregate price index for the two items in 2018 using 2016 as the base period. 2013 = I X {c} Compute a weighted aggregate price index for the two items using the Laspeyres method using 2016 as the base period. I201$: = - K {d} Compute a weighted aggregate price index for the two items using the Paasche method using 2016 as the base period. 2013 = I X

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