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What is the formula for calculating the value of year

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Reference no: EM132168079

What is the formula for calculating the value of year(2016) production in year(2015) prices, given quantities and prices of 2 goods for both 2015 and 2016 years?

For example product A in 2015 (Q=100, P=20) in 2016 (Q=110, P=25). Product B in 2015 (Q=25, P=25) in 2016 (Q=30, P=30)

Reference no: EM132168079

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