Prices and the number produced for selected agricultural items are as follows. Using the Laspeyres method,what is the price index of agricultural production for 2006 (1980 = 100)?
A)42.5
B)129.7
C)117.1
D)85.3

Question

Prices and the number produced for selected agricultural items are as follows.  Using the Laspeyres method,what is the price index of agricultural production for 2006 (1980 = 100)?
A)42.5 
B)129.7 
C)117.1 
D)85.3

Quizplus · Accepted Answer

The Answer of Prices and the number produced for selected agricultural items are as follows.  Using the Laspeyres method,what is the price index of agricultural production for 2006 (1980 = 100)?
A)42.5 
B)129.7 
C)117.1 
D)85.3

Prices and the Number Produced for Selected Agricultural Items Are