Question
Calculate the Marshall-Edgeworth Index for 1961 and 1962 (consider a base year 1960). Commodity 1960 1960 1961 1961 1962 1962 Cocoa 3.2 $0.59 3.5 $0.48
Calculate the Marshall-Edgeworth Index for 1961 and 1962 (consider a base year 1960).
Commodity 1960 1960 1961 1961 1962 1962
Cocoa 3.2 $0.59 3.5 $0.48 3.8 $0.46
Coffee 5.6 $0.92 2.7 $0.90 2.9 $0.83
Tea 4.2 $0.93 4.5 $0.89 4.8 $0.86
Coconut oil 2.1 $312.33 2.5 $253.42 2.9 $251.22
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Advanced Engineering Mathematics
Authors: ERWIN KREYSZIG
9th Edition
0471488852, 978-0471488859
