Question 1 Data for selected vegetables purchased at wholesale prices for 1995 and 2007 are shown in the following table, 1995 2007 Price Quantity Price Quantity Cabbage (ib.) $0.06 2000 $0.05 1500 Carrots (bunch $0.10 200 $0.12 200 Peas (quart) $0.20 400 $0.18 500 Broccoll (bunch) $0.30 100 $0.50 200 What is the interpretation of the value Index? O Value rose 28.8% Value rose 15.6% Value rose 17.5% O Value rose 20.0% D Question 2 The number of items produced and the price per item for the Duffy Manufacturing Comparare as follows. Price Production 1990 2006 1990 2006 Shear pins box) $ 3.00 $4.00 10.000 9000 Cutting Compound (ib.) $ 1.00 $ 5.00 600 Tie Rods each $ 10.00 $8.00 3,000 5,000 200 What is the value Index of production for 2006 using 1990 as the base period? 115 72.9 1108 1271