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The following tables consists of Prices and Consumption for three types of energy products in Australia from 2010 to 2020 Prices ($ Year Solar Natural

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The following tables consists of Prices and Consumption for three types of energy products in Australia from 2010 to 2020 Prices ($ Year Solar Natural Gas Wind 2010 5 28 7 2020 2 32 5 Consumption (Qty) Year Solar Natural Gas Wind 2010 17 3 15 2020 15 4 20 i. Using 2010 as the base year, calculate the Laspeyres aggregate price index. Show your calculations. ii. Interpret the Laspeyres price index

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