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2090 QUESTION 34 Copy of Suppose a market basket consists of the following goods: 50 pens 100 notepads 200 paper clips Also a
Remaining Time: 1 hour, 02 minutes, 45 seconds. Question Completion Status: PRICE IN PRICE IN 2010 2011 PENS $ 0.25 $0.30 NOT
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Answer #1

The correct answer is 62.5

Because cost of basket in 2010

= Qunatity of pen × price of pen in 2010 + quantity of notepads × price of notepads in 2010 + quantity of paper clips × price of Paper clips I'm 2010.

= 50 × 0.25 + 100 × 0.30 + 200 × 0.10

= 12.5 + 30 + 20 = $62.5

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