What question did this study set out to answer?

The article aims to evaluate how business income is measured according to Edwards and Bell's theories.

Edwards and Bell on Business Income.

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Article examines business income measurement methods, suggesting a focus on gross effects over itemized impacts.

The article aims to evaluate how business income is measured according to Edwards and Bell's theories.
Examines various calculation methods for business income
Critiques the feasibility of item-by-item analysis of price changes
Analyzes the interrelatedness of assets and obligations
Suggests that total effects of price changes should be understood holistically
Disagrees with Edwards and Bell's views on investment impacts and transaction effects
Advocates for a focus on gross effects rather than dissecting components

R. J. Chambers (1965) studied this question.

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