Practice mode Index Number

The Marshall-Edgeworth volume (quantity) index is?

Correct answer D. Σqn(po + pn) / Σqo(po + pn) × 100

Explanation

The Marshall-Edgeworth quantity index weights quantities by the sum of base and current prices: Σqn(po+pn)/Σqo(po+pn) × 100.

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