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The average price of cashew nuts($/kg) from 2010 to 2013 were recorded in the following table. Year Price($/kg) 2010 17.0 2011 17.5 2012 22.0 2013
The average price of cashew nuts($/kg) from 2010 to 2013 were recorded in the following table.
Year | Price($/kg) |
2010 | 17.0 |
2011 | 17.5 |
2012 | 22.0 |
2013 | 24.0 |
Using 2010 as the base year, determine the simple price index for 2012
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Elementary Linear Algebra
Authors: Ron Larson
8th Edition
1305877020, 9781305877023
