Determine the following for the chart below: Following are the quantities and prices for the years 2
Question: Determine the following for the chart below:
Following are the quantities and prices for the years 2000 and 2003 for the Kinzua Valey Geriatrics. Use 2000 as the base
a. The simple price index
b. Simple aggregate price indexes for two years
c. Laspeyres’ price index
d. Paasche price index
e. Fisher’s ideal index
| 2000 | 2003 | |||
| Price | Quantity | Price | Quantity | |
| Syringes | $6.10 | 1,500 | $6.50 | 2,000 |
| Thermometers | 8.10 | 10 | 8.90 | 12 |
| Advil | 4.00 | 250 | 4.40 | 250 |
| Patient Record Forms | 6.00 | 1,000 | 6.50 | 900 |
| Computer Paper | 12.00 | 30 | 13.00 | 40 |
Price: $2.99
Solution: The solution consists of 2 pages
Type of Deliverable: Word Document
Type of Deliverable: Word Document
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