Use the following price information for selected items for 2010 and 2018. Production figures for those two periods are also given. Price Quantity Item 2010 2018 2010 2018 Aluminum (cents per pound) $ 0.82 $ 0.86 1,000 1,200 Natural gas $ per million BLA 4.37 2.99 5,000 4,000 Petroleum (barrel) 71.21 58.15 60,000 60,000 Platinum (troy ounce) 1,743.60 1,292.53 500 600 Determine Fisher's ideal index for 2018 using 2010 as the base period. (Round your answer to 2 decimal places.)
Use the following price information for selected items for 2010 and 2018. Production figures for those two periods are also given. Price Quantity Item 2010 2018 2010 2018 Aluminum (cents per pound) $ 0.82 $ 0.86 1,000 1,200 Natural gas $ per million BLA 4.37 2.99 5,000 4,000 Petroleum (barrel) 71.21 58.15 60,000 60,000 Platinum (troy ounce) 1,743.60 1,292.53 500 600 Determine Fisher's ideal index for 2018 using 2010 as the base period. (Round your answer to 2 decimal places.)
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter6: The Trigonometric Functions
Section6.2: Trigonometric Functions Of Angles
Problem 12E
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Use the following price information for selected items for 2010 and 2018. Production figures for those two periods are also given.
| Price | Quantity | ||||||||||||
| Item | 2010 | 2018 | 2010 | 2018 | |||||||||
| Aluminum (cents per pound) | $ | 0.82 | $ | 0.86 | 1,000 | 1,200 | |||||||
| Natural gas $ per million BLA | 4.37 | 2.99 | 5,000 | 4,000 | |||||||||
| Petroleum (barrel) | 71.21 | 58.15 | 60,000 | 60,000 | |||||||||
| Platinum (troy ounce) | 1,743.60 | 1,292.53 | 500 | 600 | |||||||||
Determine Fisher's ideal index for 2018 using 2010 as the base period. (Round your answer to 2 decimal places.)
Transcribed Image Text:Fisher's ideal index
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