Commodities 10-8. Given the data in the adjoining Table, where p and q respectively stand for price and quantity and subscripts stand for time period, find x, if the ratio between Laspeyre's (L) and Paasche's (P) index numbers is B Po 1 10 90 L:P:: 28 : 27

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Commodities
10-8. Given the data in the adjoining Table,
where p and q respectively stand for price and quantity and
subscripts stand for time period, find x, if the ratio between
Laspeyre's (L) and Paasche 's (P) index numbers is
Po
10
90
P1
L:P:: 28: 27
2
NINNINS IN?N NSISNSSA
Transcribed Image Text:Commodities 10-8. Given the data in the adjoining Table, where p and q respectively stand for price and quantity and subscripts stand for time period, find x, if the ratio between Laspeyre's (L) and Paasche 's (P) index numbers is Po 10 90 P1 L:P:: 28: 27 2 NINNINS IN?N NSISNSSA
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