In the following table, we present prices for three commonly used products—bread, fruits, and beverages—for the years 2008 through 2012.
Consider a family with the following yearly consumption for these products for the years 2008 through 2012.
Answer the following questions using 2008 as the base year.
-Compute the simple index for the price of fruits,per kilogram,in 2012.
A) 75.96
B) 131.65
C) 118.22
D) 124.37
E) 152.77
Correct Answer:
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