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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