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Leon's has reported sales statistics for the deluxe five-piece dining room set as follows: June 1, 2010-May 31, 2011 June 1, 2011-May 31, 2012 Base
Leon's has reported sales statistics for the deluxe five-piece dining room set as follows: June 1, 2010-May 31, 2011 June 1, 2011-May 31, 2012 Base price Quantity Base price Quantity $52 240 54 $28 400 65 Determine the simple price index, quantity index and value index for the dining room set sales. Answer Answer Answer Simple Price Simple Quantity Simple Value index ( P ) index ( P ) index ( P )
Leon's has reported sales statistics for the deluxe five-piece dining room set as follows: | |||||
June 1, 2010-May 31, 2011 | June 1, 2011-May 31, 2012 | ||||
Base price | Quantity | Base price | Quantity | ||
$52 240 | 54 | $28 400 | 65 | ||
Determine the simple price index, quantity index and value index for the dining room set sales. | |||||
Answer | Answer | Answer | |||
Simple Price | Simple Quantity | Simple Value | |||
index ( P ) | index ( P ) | index ( P ) | |||
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