An automobile dealership sells 3 different types of automobiles. Unit prices for the years 2010 and 2015 are shown below.
?
Automobile Type
Unit Price ($
in 2010 (Po)
Unit Price ($)
in 2015 (Pt)
Small
9,500
11,000
Medium
13,500
17,000
Large
18,000
22,500
Compute an unweighted aggregate price index for the automobiles.
What will be an ideal response?
123.17
You might also like to view...
In terms of goals for public relations, a hit is:
A) an advertisement that is successful B) a consumer promotion's tie in with publicity C) a mention of the company's name in a news story D) an advertising slogan with high recall
Within an individual account, there may be an explanation of both a source and a use of cash
Indicate whether the statement is true or false
To improve the yield from prospecting, what four critical elements must the manager's program include?
What will be an ideal response?
Which of the following statements best describes common law?
A) Common law is law that is the same or similar in all states. B) Common law is derived from statutes and codes made by legislatures. C) Common law is based on Justinian and Napoleonic codes. D) Common law requires judges to base their decisions on prior cases.