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:
Labor Demand
The total amount of workers that employers in an economy want to hire, which varies depending on wage levels, technological changes, and overall economic conditions.
Labor Supply
The cumulative amount of time employees are prepared and capable of working for a specific rate of pay.
Discrimination
The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.
Women's Wages
The average compensation or income earned by women for their labor or services, often discussed in the context of gender pay gap issues.
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