An alloy is made up of 27 % metal A, 34 % metal B, and 39 %
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An alloy is made up of 27 % metal A, 34 % metal B, and 39 % metal C. During the past year, prices of the metals have changed as shown in the table. Find the simple aggregative index for the cost of the alloy.
Transcribed Image Text:
Price per pound Metal ABC 1988 2.08 7.61 4.49 1989 3.48 7.78 3.80
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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