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An index of clothing prices for 2014 based on 2000 is to be constructed. The prices for 2000 and 2014 and the quantity consumed in 2000 are shown below. Assuming that the number sold remained constant, i.e., the same number were sold in 2014 as in 2000, what is the weighted index of price for 2014 using 2000 as the base?
Outside Influences
External factors or forces that can affect a person's decisions, behaviors, or outcomes, often beyond their immediate control.
External Adaptation
The process through which an organization or individual adjusts to changes in the external environment to survive and thrive.
Internal Integration
A shared identity with agreed-upon methods of working together.
Organizational Survival
Refers to the ways in which a company maintains its existence and sustains its operations over time in a competitive marketplace.
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