Multiple Choice
Exhibit 19-6.Three firms X,Y,and Z operate in the same industry,although their products have different features and are priced differently.The following table provides the prices and the quantities sold (in units) during the period 2000-2002. Refer to Exhibit 19-6.Compute the Laspeyres price index for 2001,using 2000 as the base year.
A) 95.64
B) 113.60
C) 104.56
D) 105.19
Correct Answer:

Verified
Correct Answer:
Verified
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