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the imports of a company were as follows: Price per unit (in Pula) number of units product 2012 2022 2012 2022 A 5.00 12.00 2500
the imports of a company were as follows:
Price per unit (in Pula) | number of units | |||
product | 2012 | 2022 | 2012 | 2022 |
A | 5.00 | 12.00 | 2500 | 2800 |
B | 6.50 | 14.50 | 5000 | 4950 |
C | 10.00 | 16.00 | 3500 | 4300 |
Use 2012 as base year to calculate:
i. The price index of Laspeyeres.
ii. The price index of Paasche.
iii. The quantity index of Laspeyeres.
iv. The quantity index of Paasche.
v. Hence find the Fishers Price and Fishers Quantity Indexes.
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