Business Studies, asked by pavisakthi2409, 3 months ago

Laspeyre's index numbers possess

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Answered by Anonymous

3

Explanation:

The distinctive feature of the Laspeyres index is that it uses a group of commodities purchased in the base period as the basis for comparison. ... Similar to the price index, the Laspeyres quantity index uses base-period prices to compare aggregate production levels in two periods...........

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