Exhibit 19-6

question 29

Multiple Choice

Exhibit 19-6.Three firms X,Y,and Z operate in the same industry,although their products have different features and are priced differently.The following table provides the prices and the quantities sold (in units) during the period 2000-2002. Refer to Exhibit 19-6.Compute the Laspeyres price index for 2001,using 2000 as the base year.

• A)95.64
• B)113.60
• C)104.56
• D)105.19

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Definitions:

TSH

Thyroid Stimulating Hormone, a pituitary gland hormone that regulates the production of hormones by the thyroid gland.

Pathological Condition

A state of disease or disorder in a body or organ.

Iodine Deficiency

A lack of the trace element iodine, leading to decreased production of thyroid hormones, which can result in developmental delays and other health problems.

Goiter

An enlargement of the thyroid gland, which can cause a noticeable bulge in the neck.