The Drobisch-Bowley price index formula is –

2021

Answer: B. Arithmetic mean of Laspeyres’ and Paasche’s index formula

1. A.

   Geometric mean of Laspeyres’ and Paasche’s index formula

2. B.

   Arithmetic mean of Laspeyres’ and Paasche’s index formula

3. C.

   Weighted mean of Laspeyres’ and Paasche’s index formula

4. D.

   None of the above

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