The Table Below Shows the Prices in $ and Quantities

question 91

Multiple Choice

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

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