Chain process is used to make comparisons of price index numbers in
O Price relative
O Link relative
Simple relative
None of the above
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price relative is the answer
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Price relative
Price relative is the proportion of the cost of a specific ware in a given period to its cost in a prior fixed period called the base time frame or reference period communicated as a rate. You would have to know the expense of different merchandise, your pay, and surprisingly the cost of different crisps of changing brands. This is the manner by which relative costs work. It implies the cost of a decent comparative with another great or another action.
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