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Next two questions are related to the following statement The office manager of Arapaho Valley Pediatrics Clinic examined prices of six items the clinic uses
Next two questions are related to the following statement The office manager of Arapaho Valley Pediatrics Clinic examined prices of six items the clinic uses as part of its operation. Shown below are the items, their prices, and the quantities for the years 2010 and 2011. 2010 2011 Item Price Quantity Price Quantity Syringes (dozen] 6.70 150 8.95 135 Cotton swabs (box) 1.35 60 1.45 65 Patient record forms (pad] 5.10 6.25 12 Children's Tylenol (bottle] 4.50 25 4.95 30 Computer paper (box) 11.95 13.20 B Thermometers 7.80 9.00 Totals 37.50 41.80 39. What is the unweighted aggregate price index for 2011 with a base year of 2010? a. 106.1 b. 1418.45 c. 105.6 d. 111.5 e. 1379.60 40. Compute the Paasche Index number for 2011 using 2010 as the base year. a. 111.5 b. 105.6 c. 110.8 d. 103.5 e. 106.1
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