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The Table Below Shows the Prices in $ and Quantities

Question 3

Multiple Choice

The table below shows the prices in $ and quantities (thousands) for five specialized electronic components for 2000 and 2016. The table below shows the prices in $ and quantities (thousands) for five specialized electronic components for 2000 and 2016. If the Paasche price index for 2016 using 2000 as base year is 137.75,then P = ______. A) 4.75 B) 4.88 C) 5.23 D) 5.67 E) 5.72 If the Paasche price index for 2016 using 2000 as base year is 137.75,then P = ______.


A) 4.75
B) 4.88
C) 5.23
D) 5.67
E) 5.72

Correct Answer:

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