Solution-Find the index of the value of goods produced for

Find the index of the value of goods produced for April

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Reference no: EM133117876

Question - The Johnson Wholesale Company manufactures a variety of products. The prices and quantities produced for April 2001 and April 2011 are:

Product	2001 Price ($)	2011 Quantity Produced	2001 Price ($)	2011 Quantity Produced
Small motor (each)	$23.60	1760	$28.80	4259
Scrubbing compound (litre)	2.96	86,450	3.08	62,949
Nails (pound)	0.40	9460	0.48	22,370

Using April 2001 as the base period, find the index of the value of goods produced for April 2011.

Reference no: EM133117876

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Find the index of the value of goods produced for April : The Johnson Wholesale Company manufactures a variety of products. Using April 2001 as the base period, find the index of the value of goods produced for April

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Find the index of the value of goods produced for April

Reference no: EM133117876

Reference no: EM133117876

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