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Data for selected vegetables purchased at wholesale prices for 1995 and 2007 are shown next. Price 1995 Quantity 1995 Price 2007 Quantity 2007 Cabbage 0.06
Data for selected vegetables purchased at wholesale prices for 1995 and 2007 are shown next.
| Price 1995 | Quantity 1995 | Price 2007 | Quantity 2007 | |
| Cabbage | 0.06 | 2000 | 0.05 | 1500 |
| Carrots | 0.10 | 200 | 0.12 | 200 |
| Peas | 0.20 | 400 | 0.18 | 500 |
| Broccoli | 0.30 | 100 | 0.50 | 200 |
What is the Laspeyres price index?
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Short Term Financial Management
Authors: Terry S. Maness, John T. Zietlow
3rd Edition
0324202938, 978-0324202939
