Question: If Laspeyre's price Index no. 1 point
is 130 and Paasche's price Index no. is
140 then Fisher price index no. is
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Step-by-step explanation:
Laspeyre's Index (L.I.) =110
Paasche's Index (P.I.) =108
Fisher's Ideal Index =
L.I.×P.I= 110×108 =108.995≈109
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