The data in Figure 2 below has to do with the stocks of three of South Africa's biggest mobile network operators STOCK MTN Vodacom Cell C PRICE Po 2008 285 155 110 QTY qo 2008 370 320 700 PRICE P₁ 2011 215 120 90 QTY 9₁ 2011 480 380 800 pogo poq₁ P₁9⁰
Using the attached, Calculate the approximate price relatives to two decimal places for the MTN and Vodacom stocks over the
period in question.
A. 0.71, 0.67 / B. 0.57, 0.75 / C. 0.75, 0.77 / D. 0.70, 0.81
Calculate the approximate quantity relatives to two decimal places for the MTN and Cell C stocks over
the period in question.
A. 3.01, 1.41 / B. 1.03, 4.11 / C. 1.30, 1.14 / D. 0.03, 4.00
Looking at the stock information in figure 2, what would you conclude about the South African Mobile
Phone sector between 2008 and 2011?
A. The market was very depressed between the period 2008-2011 as cellular stocks remained below
2008 prices through the period to 2011.
B. The market was solid and prices were rising between 2008 and 2011
C. Prices fell steadily but investors remained hopeful that the market was going to rebound in the near
to medium term
D. The market crashed and plateaued between 2008 and 2011
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