Normalize prices assume that the apple sales quantity has


Question: Normalize prices. Assume that the apple sales quantity has increased by 50 percent. Calculate the percent change in the value of apple sales in the first row of Table. Next, normalize apple prices and quantities and calculate the percent change in value of sales. Demonstrate that this result is the same for both actual and normalized data.

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Finance Basics: Normalize prices assume that the apple sales quantity has
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