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A market analyst has obtained the following prices (in Rands) and quantities (in kg ) of three commodities X,Y and Z sold by a small
A market analyst has obtained the following prices (in Rands) and quantities (in kg ) of three commodities X,Y and Z sold by a small business entity during 2018 and the current year. Table 3: Prices and quantities of two commodities. Using 2018 as the base year, calculate the Laspeyre's Quantity Index for the current year (round off answer to two decimal places). A 170.89 B 173.05 C 110.15 D 107.70 Question 19 (4 marks) Using 2018 as the base year, calculate the Paasche's Price Index for the current year. A 149.80 B 153.70 C 178.97 D 107.70
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