Economy, asked by aman03590, 3 months ago

What is the basic difference between Laspeyre's and Paasche's method of construction of weighted index number?​

Answers

Answered by BRAINLYking024
4

Answer:

Bases of difference: 1. Base 2. Formula Laspeyre's method:This method uses the base period quantities as weights. Paasche's Method:This method uses the current period quantities as weights.

Explanation:

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