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Fundamentals of Business Economics

9.5 Calculate a relative quantity index (to the nearest whole number) from the
following information, using base year prices as weighting:

Year 20X1 20X2

P 0 Q 0 P 1 Q 1

Widgets $10.50 100 $11.55 109

Wodgets $25.00 25 $26.25 30

Thingies $53.00 1,100 $54.06 1,155

A 105

B 109

C 110

D 111

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