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Index Numbers — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsIndex Numbers1 Mark
Question
Give any one difficulty in the construction of Consumer Price Index.
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Answer

The retail prices used in the construction of Consumer Price Index vary from shop to shop, place to place and customer to customer. Therefore, it is difficult to prepare index number or consumer price index with such prices.

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