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Business, 21.04.2021 23:40 lol1516

a consumer only purchases 2 commodities, rice and beans. In 1980, the prices per dish of rice and beans were 5naira and 8naira respectively. but in 1987 the prices of the same quantities of both commodities became 8naira and 12naira respectively. If the consumer spends twice as much on rice as on beans. calculate the weighted retail price index using 1980 as base year​

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a consumer only purchases 2 commodities, rice and beans. In 1980, the prices per dish of rice and be...
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