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April 19th, 2017, 09:56 AM   #1
Joined: Apr 2017
From: Nashville

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Cost of a product

Price of a product/price index ? - Album on Imgur

A: Is the first raw material

B: Is the second raw material

A contributes 33% to the price of the product, B contributes 67% to the product

Z: the rate of change of the product

1*: The figurative price of the product (we are only concerned about the trend)

K: the price index

Is that formula anywhere close to right? For example: If K at 3/31/2017 was 1.5 and at 12/31/2017 was 1.2. It would give a change rate of 25%

I am looking for the change rate of the product. Thanks!

Last edited by skipjack; April 19th, 2017 at 01:10 PM.
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