Consider the following information regarding the price and quantity of three brands of a good sold in 1999 and 2010. 
a.Compute the weighted aggregate price index using the Laspeyres method with 1999 as the base year.
B)Compute the weighted aggregate price index using the Paasche method with 1999 as the base year.
C)Interpret the result.
Definitions:
Centralizing Production
The process of consolidating production activities and operations into a single or fewer locations to improve efficiency and control.
Meganational Strategy
A business approach that emphasizes global-scale operations and market presence.
Differentiation Strategy
A marketing strategy in which a company develops a unique product or service to stand out from competitors.
Cost-Leadership
A competitive strategy that aims to achieve the lowest cost of operation within the industry, often leading to lower prices for consumers.
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