Mathematics · Index Numbers
Which of the following correct formula represents Dorbish and Bowley's method of constructing an index number, where L is Laspeyres' index and P is Paasche's index?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1L + P
- 2L × P
- 3LP
- 4L + P2✓
Correct answer
L + P2
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