Question

what is the formula of laspyers index number​

Answer 1

Answer:

The Laspeyres Index is calculated by working out the cost of a group of commodities at current prices, dividing this by the cost of the same group of commodities at base period prices, and then multiplying by 100. This means that the base period index number is always 100.

Answer 2

The laspyers index is calculate by working out the cost of a group. the the cost of same group at basic period price, and then multiplying by 100. this is means that the basic peroid Intex number is always 100

I think so

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