Question

Calculate Laspeyne's; paasche's and fisher's indices
for the following donta. Examine which of the above indices satisfy.
(i) Time reversal test
(ii) factor reversal test
2011
2012
Commodity
price quantity
price quantity
5
10
6
12
B
7
12
10
8
C
10
8
12
8
D
4
5
5
6
E
8
7
8
8
​

Answer 1

Answer:

8 8 8 5 5 12 12 10 10 8 8 8 6 12 10