Question

    If price-quantity are related for base year (0) and

    current year (1) are ∑ : p0q0 = 260,∑ : p1q0 = 395,∑ : p0q1 = 264,∑ : p1q1 = 422, then Marshall Edgeworth price index equals to
    A 145.92 Correct Answer Incorrect Answer
    B 175.92 Correct Answer Incorrect Answer
    C 165.92 Correct Answer Incorrect Answer
    D 155.92 Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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