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You are given the following information about items A, B, C, and D. Item Unit Price ($) 2010 Annual Usage 2010 Unit Price ($) 2015
You are given the following information about items A, B, C, and D.
| Item | Unit Price ($) 2010 | Annual Usage 2010 | Unit Price ($) 2015 | Annual Usage 2015 |
|---|---|---|---|---|
| A | 0.56 | 4,200 | 0.63 | 4,300 |
| B | 1.15 | 1,125 | 0.92 | 1,300 |
| C | 32.40 | 120 | 30.00 | 130 |
| D | 135.25 | 5 | 114.20 | 9 |
Find the Laspeyres index in 2015 (rounded).94.64895.639 104.559105.654
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Microeconomics
Authors: Christopher T.S. Ragan
16th Canadian Edition
0134835832, 978-0134835839
