7.5 A company needs energy from oil, gas, and electricity to produce its goods. The company wants...

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7.5 A company needs energy from oil, gas, and electricity to produce its goods. The company wants to analyze the price and quantity trends of the energy needed for production. In particular, it wants to know the effect of efforts to produce in a more energy-efficient way. Calculate and analyze the Laspeyres and Paasche price and quantity indices.

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