The table below shows hypothetical data for volumes of e-books and hardcover books sold over a 3-year period in a particular city. Hardcover E-books |Вooks Year 1 23 000 72 000 Year 2 52 000 59 000 Year 3 106 000 31 000 If year 1 is the base year, the index numbers for volumes of hardcover books sold (starting with Year 1) is... а. 43.1;B 81.9;B 100. C b. 100; 0.819; 0.431. с. 100; 81.9; 43.1. d. 431; 819; 100. e. 0.431; 0.819; 100.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter5: Business And Economic Forecasting
Section: Chapter Questions
Problem 1.4CE
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The table below shows hypothetical data for volumes of e-books and hardcover books sold over a 3-year
period in a particular city.
Hardcover
E-books
Вooks
Year 1
23 000
72 000
Year 2
52 000
59 000
Year 3
106 000
31 000
If year 1 is the base year, the index numbers for volumes of hardcover books sold (starting with Year 1) is...
а. 43.1;B 81.9;B 100.
b. 100; 0.819; 0.431.
С.
100; 81.9; 43.1.
d. 431; 819; 100.
е. 0.431;B 0.819; 100.
Transcribed Image Text:The table below shows hypothetical data for volumes of e-books and hardcover books sold over a 3-year period in a particular city. Hardcover E-books Вooks Year 1 23 000 72 000 Year 2 52 000 59 000 Year 3 106 000 31 000 If year 1 is the base year, the index numbers for volumes of hardcover books sold (starting with Year 1) is... а. 43.1;B 81.9;B 100. b. 100; 0.819; 0.431. С. 100; 81.9; 43.1. d. 431; 819; 100. е. 0.431;B 0.819; 100.
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