Using 2011 as a base period, compute a simple price index for each of the following commodities.
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Commodity Bread (loa) Bus pass Clothing Price in 2011 $2.49 $199 $1650.00 Price in 2012 $2.58 $220 $1600.00
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Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
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