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Show your Complete Work. I need Correct Answer in details. please. Question 21 (4 marks) Use the following information to answer Question 21 and Question
Show your Complete Work.
I need Correct Answer in details.
please.
Question 21 (4 marks) Use the following information to answer Question 21 and Question 22. The prices and consumptions of basic goods in years 2010 and 2020 are given in the following table. 2010 2020 Unit Price Quantities (kg) Unit Price Quantities (kg) (Rands) (Rands) Flour 15 62 26 78 Sugar 12 15 19 22 Maize meal 14 80 15 85 Evaluate the Paasche Price index for 2020 using 2010 as the base year for the above data. A. 117.7 B. 120.1 C. 138.9 D. 141.8Step by Step Solution
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