The Drobisch-Bowley price index formula is –

2021

Answer: B. Arithmetic mean of Laspeyres’ and Paasche’s index formula — The Drobisch-Bowley price index is defined as the arithmetic mean of the Laspeyres and Paasche indices. It is calculated by adding both indices together and…

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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