Suppose that you typically purchase 15 salads, seven hamburgers, six orders of french fries, and seven cupcakes. Last year, each salad was $9.99, each hamburger was $2, each order of french fries was $2.49, and each cupcake was $1.50. This year, you purchase the same basket, but each salad costs $10.99, each hamburger costs $2.10, each order of french fries is $2.39, and each cupcake is $1.75.
(a) What was the cost of the basket last year?
(b) What is the cost of the basket this year?
(c) What is the rate of inflation or deflation from last year to this year?

Question

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The Answer of Suppose that you typically purchase 15 salads, seven hamburgers, six orders of french fries, and seven cupcakes. Last year, each salad was $9.99, each hamburger was $2, each order of french fries was $2.49, and each cupcake was $1.50. This year, you purchase the same basket, but each salad costs $10.99, each hamburger costs $2.10, each order of french fries is $2.39, and each cupcake is $1.75.
(a) What was the cost of the basket last year?
(b) What is the cost of the basket this year?
(c) What is the rate of inflation or deflation from last year to this year?

Suppose That You Typically Purchase 15 Salads, Seven Hamburgers, Six