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Q#1: Data for selected vegetables purchased at wholesale prices for 1995 and 2007 are shown next. -- 1995 2007 Price Quantity Price Quantity Cabbage (1b)

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Q#1: Data for selected vegetables purchased at wholesale prices for 1995 and 2007 are shown next. -- 1995 2007 Price Quantity Price Quantity Cabbage (1b) $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 Calculate: a) The simple price relative for peas b) The simple price relative for broccoli c) The simple price relative for cabbage d) The simple price relative for carrots e) The Simple Aggregate Price Index f) The Fisher's Ideal Index g) The Value Index

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