Question

For each period, cate the Ching Year is the be newer to the nearest whole number During the summer, Andy manages to survive by buying only three things tacos, teas, and video game tokens. He typically buys 10 tacos, 15 teas, and video game tokens each week. The table shows the prices of tacos, tees, and video game tokens in three different years. Year 1CP- Yew 2 CP Year 3 CPL YesTaco ( Tes ( Token DO NOT press Enter after typing the cursor to the next ce Tob or take the Submit Do you know the answert I know it Think so

Answer 1

# lost of goods in Year I = Price x Quantity Buys = 2 X10 + 1x15 + 115X8 = 20 +15+12 = $47 # cost of Goods in year 2 = Price x Quantity Buys in . year 2 = 2.50x104 IX 15 +2.25 x 8 = 25+ 15 + 18 = $58 I t cost of Goods in year 3 = Price x Quantity Blys in Year 3 = 3x10f 1.6 x 15 + 3x8 2 30+ 24 +24 578 $78 NOTE for Base Year CPI = 100 & ICPI lost of the good in Current year x 100 - last of the good in Bare year Year ! CPI = 1100 CPI = 47x100 = 100 Year 2 CPL = [123] , CPI = 58 x100 = 123.40 Year 3 CPI = [166 ] CPI = 78x100 = 165.95