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a. For the year 2010 , what is the output index? Interpret this measure. (10 points) b. For the year 2012 , what is the

a. For the year 2010 , what is the output index? Interpret this measure. (10 points) b. For the year 2012 , what is the price index? Interpret this measure. (10 points) c. Assume that the only source of income for this farmer is from the production o the best year in terms of real income for this farmer? ( 2.5 points)

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