1.

What are the merit and demerit chain base method​

Answer»

The year which is selected as a base should be a normal year, or in other words, the PRICE level in this year should neither be ABNORMALLY low nor abnormally high. If an abnormal year is chosen as the base, the price relatives of the CURRENT year calculated on its basis would give misleading conclusions. I HOPE IT WILL HELP YOU....



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