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Data for selected vegetables purchased at wholesale prices for 1995 and 2007 are shown below. 1995 2007 Price Quantity Price Quantity Cabbage (lb) $0.06 2000
Data for selected vegetables purchased at wholesale prices for 1995 and 2007 are shown below. 1995 2007 Price Quantity Price Quantity Cabbage (lb) $0.06 2000 $0.05 1500 Carrots (bunch) $0.10 200 $0.12 200 Peas (quart) $0.20 400 $0.18 500 Broccolli (bunch) $0.30 100 $0.50 200 How do you interpret Passche price index? Question 10Select one: a. value rose by 107.04% b. value rose by 1.07% c. value rose by 107.04 d. value rose by 7.04%
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