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

Question

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

Quizplus · Accepted Answer

The Answer of 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

The Table Below Shows the Prices in $ and Quantities