QUESTION 2 (10 marks) The table shows the price per kilogram (kg) and quantity of 3 raw materials for 2019, 2020 and 2021. Price (RM) 2020 Quantity (Kg) 2020 2021 Material 2021 | 240109 A 0 60 0.80 500 310 _ 250 430 a) Calculate the simple average index for 2021 by taking 2019 as a base year. (3 marks) TEST 2 STA104 JULY 2022 b) Using 2020 as the base year, calculate the Laspeyres' price index for 2021. Comment on the value obtained. (4 marks) c) Using 2019 as the base year, calculate Paasche's quantity index for 2020