Answered step by step
Verified Expert Solution
Question
1 Approved Answer
18. Use the information in Figure 2 below to answer questions 18 through to 22. The data in Figure 2 below has to do with
18. Use the information in Figure 2 below to answer questions 18 through to 22. The data in Figure 2 below has to do with the stocks of three of South Africa's biggest mobile network operators STOCK PRICE QTY PRICE QTY Poqo Poq1 P1q0 Po go P1 2008 2008 2011 2011 MTN 285 370 215 480 Vodacom 155 320 120 380 Cell C 110 700 90 800 Figure 2 Calculate the approximate price relatives to two decimal places for the MTN and Vodacom stocks over the period in question. A. 0.71, 0.67 B. 0.57, 0.75 C. 0.75, 0.77 D. 0.70, 0.81 19. Calculate the approximate quantity relatives to two decimal places for the MTN and Cell C stocks over the period in question. A. 3.01, 1.41 B. 1.03, 4.11 C. 1.30, 1.14 D. 0.03, 4.00 20. Looking at the stock information in figure 2, what would you conclude about the South African Mobile Phone sector between 2008 and 2011? A. The market was very depressed between the period 2008-2011 as cellular stocks remained below 2008 prices through the period to 2011. B. The market was solid and prices were rising between 2008 and 2011 C. Prices fell steadily but investors remained hopeful that the market was going to rebound in the near to medium term D. The market crashed and plateaued between 2008 and 2011 21. Calculate approximately to 3 decimal places the composite price index for all three stock between 2008 and 2011. A. 1.24 B. 0.88 C. 0.780 D. 1.42 22. Calculate approximately to 3 decimal places the composite quantity index for all three stocks for the period 2008 to 2011. A. 1.322 B. 1.323 C. 1.223 D. 1.232
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started