A Pick and Pay basket consist of three products. Listed below is the quantity sold and the price. | 2018 2014 Quantity Price Quantity Sold Price Item Sold (rands) (rands) Bread 600 R10 800 R5 Milk...

A Pick and Pay basket consist of three products. Listed below is the quantity sold and the price.<br>| 2018<br>2014<br>Quantity<br>Price<br>Quantity<br>Sold<br>Price<br>Item<br>Sold<br>(rands)<br>(rands)<br>Bread<br>600<br>R10<br>800<br>R5<br>Milk<br>1000<br>R9<br>1500<br>R6<br>Meat<br>800<br>R15<br>900<br>R7<br>a) If price is held constant at 2014 levels, calculate the quantity index of Pick and Pay basket.<br>b) The Paasche Price Index indicates that the price of products have . by . %.<br>

Extracted text: A Pick and Pay basket consist of three products. Listed below is the quantity sold and the price. | 2018 2014 Quantity Price Quantity Sold Price Item Sold (rands) (rands) Bread 600 R10 800 R5 Milk 1000 R9 1500 R6 Meat 800 R15 900 R7 a) If price is held constant at 2014 levels, calculate the quantity index of Pick and Pay basket. b) The Paasche Price Index indicates that the price of products have . by . %.

Jun 09, 2022

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A Pick and Pay basket consist of three products. Listed below is the quantity sold and the price. | 2018 2014 Quantity Price Quantity Sold Price Item Sold (rands) (rands) Bread 600 R10 800 R5 Milk...

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