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If weights are not given, but p(0) and q...

If weights are not given, but `p_(0)` and `q_(0)` respectively the price and quantity of a commodity in the base year is given, then weight is given by . . . . . . . . . .

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To find the weight when the prices and quantities of a commodity in the base year are given, we can follow these steps: ### Step-by-Step Solution: 1. **Identify the Variables**: - Let \( p_0 \) be the price of the commodity in the base year. - Let \( q_0 \) be the quantity of the commodity in the base year. 2. **Understand the Weight Formula**: - The weight for the commodity in the base year can be calculated using the formula: \[ \text{Weight} = p_0 \times q_0 \] 3. **Substitute the Values**: - If you have the values for \( p_0 \) and \( q_0 \), substitute them into the formula to calculate the weight. 4. **Calculate the Weight**: - Perform the multiplication to find the weight. 5. **State the Final Answer**: - The weight for the commodity in the base year is given by the calculated value. ### Example: If \( p_0 = 10 \) (price in base year) and \( q_0 = 5 \) (quantity in base year), then: \[ \text{Weight} = 10 \times 5 = 50 \] ### Final Answer: The weight for the commodity in the base year is 50. ---
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