Question: Using the following data and 2010 as the base year, compute the Laspeyres price index for 2013 and the Paasche price index for2012. 2010 2011

Using the following data and 2010 as the base year, compute the Laspeyres price index for 2013 and the Paasche price index for2012.
Using the following data and 2010 as the base year,

2010 2011 Item Price Quantity Pric Quantity 1$2.75 0.85 1.33 12 47 20 $2.98 0.89 1.32 52 28

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