The prices and the numbers of various items used by a construction company are listed below: Item 2015 2020 Price (RM) Quantity 1700 Price (RM) Quantity 2000 Cement 16 18 125,000 400 Brick 2 2.5...


The prices and the numbers of various items used by a construction company are<br>listed below:<br>Item<br>2015<br>2020<br>Price (RM)<br>Quantity<br>1700<br>Price (RM)<br>Quantity<br>2000<br>Cement<br>16<br>18<br>125,000<br>400<br>Brick<br>2<br>2.5<br>130,000<br>TMX Steel<br>4<br>5<br>430<br>Binding Wire<br>Compute the Fisher's Ideal Price Index for 2020 using 2015 as the base period.<br>40<br>600<br>42<br>630<br>

Extracted text: The prices and the numbers of various items used by a construction company are listed below: Item 2015 2020 Price (RM) Quantity 1700 Price (RM) Quantity 2000 Cement 16 18 125,000 400 Brick 2 2.5 130,000 TMX Steel 4 5 430 Binding Wire Compute the Fisher's Ideal Price Index for 2020 using 2015 as the base period. 40 600 42 630

Jun 11, 2022
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