1) Average prices received and corresponding total production for the five leading grain crops in Kansas are given here for 2004 and 2005. Crop Price per bushel ($) 2004 Production (mil bushels) 2004...


1)<br>Average prices received and corresponding total production for the five<br>leading grain crops in Kansas are given here for 2004 and 2005.<br>Crop<br>Price per bushel ($)<br>2004<br>Production (mil bushels)<br>2004<br>2005<br>2005<br>Corn<br>2.76<br>2.99<br>1355<br>1325<br>Soybeans<br>5.88<br>6.95<br>435<br>464<br>Wheat<br>2.65<br>3.44<br>1289<br>1370<br>Oats<br>1.29<br>2.01<br>18<br>16<br>Calculate and interpret a Fisher Ideal Quantity Index for 2005.||<br>

Extracted text: 1) Average prices received and corresponding total production for the five leading grain crops in Kansas are given here for 2004 and 2005. Crop Price per bushel ($) 2004 Production (mil bushels) 2004 2005 2005 Corn 2.76 2.99 1355 1325 Soybeans 5.88 6.95 435 464 Wheat 2.65 3.44 1289 1370 Oats 1.29 2.01 18 16 Calculate and interpret a Fisher Ideal Quantity Index for 2005.||

Jun 10, 2022
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