A famous Chinese restaurant would like to find out the change in demand on its dim-sum.After checking its purchase records in 2020 and 2021, the restaurant collected the data asfollows:20202021ItemsPrice ($)QuantityPrice ($)QuantityShrimp Dumpling10601269Spring Roll75162Chicken Feet873977(a)Using 2020 as the base year, calculate the Laspeyres Price Index of2021.(b)Using 2020 as the base year, calculate the Paasche Price Index of2021.(c)Using the result in part (a) and (b), calculate the Fisher Price Indexof 2021.

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A famous Chinese restaurant would like to find out the change in demand on its dim-sum. After checking its purchase records in 2020 and 2021, the restaurant collected the data as follows: 2020 2021 Items Price ($) Quantity Price ($) Quantity Shrimp Dumpling Spring Roll 10 60 12 69 7 51 6. 62 Chicken Feet 8 73 9. 77 (a) Using 2020 as the base year, calculate the Laspeyres Price Index of 2021. (b) Using 2020 as the base year, calculate the Paasche Price Index of 2021. (c) Using the result in part (a) and (b), calculate the Fisher Price Index of 2021.