Johnson Wholesale Company manufactures a variety of products. The prices and quantities produced for April 2010 and

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Johnson Wholesale Company manufactures a variety of products. The prices and quantities produced for April 2010 and April 2019 are:

2010 2019 2010 2019 Quantity Quantity Product Price Price Produced Produced Small motor (each) $23.60 $28.80 1,760 4,259 Scrubbing compound (gallon) Nails (pound) 2.96 3.08 86,450 62,949 0.40 0.48 9,460 22,370

Using April 2010 as the base period, find the value index of goods produced for April 2019.

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Statistical Techniques In Business And Economics

ISBN: 9781260239478

18th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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