Instruction 14-21
Given Below Are the Average Prices for Three

question 113

Short Answer

Instruction 14-21
Given below are the average prices for three types of energy products in Australia from 2006 to 2010.
$$\begin{array} { | l | c | c | c | } \hline \text { Year } & \text { Electricity } & \text { Natural Gas } & \text { Fuel Oil } \\\hline 2006 & 43.205 & 25.893 & 0.892 \\\hline 2007 & 16.959 & 28.749 & 0.969 \\\hline 2008 & 47.202 & 28.933 & 1.034 \\\hline 2009 & 48.874 & 29.872 & 0.913 \\\hline 2010 & 48.693 & 28.384 & 0.983 \\\hline\end{array}$$
-Referring to Instruction 14-21,what is the unweighted price index for the group of three energy items in 2009 using 2006 as the base year?

Understand the marketing concept and the importance of satisfying customer needs.

Recognize the value and methods of maintaining customer relationships and loyalty.

Learn the elements of the marketing mix (four Ps).

Understand the evolution of market orientations and their impact on marketing strategies.

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Definitions:

Activity-Based Costing

An accounting method that assigns overhead and indirect costs to related products and services based on the activities that drive those costs.

Product I9

A reference to a specific product identified by the code I9, indicating a unique item or model in a company's product line.

Activity-Based Costing

A method of costing that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption by each.

Product Q9

A specific product or project designated by the identifier "Q9," details of which would be particular to a company's inventory or project list.