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Suppose there are two good types (Type 1 and Type 2) and suppose the weights for the types are 60% for Type 1 and 40%
Suppose there are two good types (Type 1 and Type 2) and suppose the weights for the types are 60% for Type 1 and 40% for Type 2. Suppose the Price Index for Type 1 is 200 and the Price Index for Type 2 is 150. The overall price index is O 180. O 140. 175. OC 350
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