A Two-Good Market

-In the table shown above, assuming that the market basket cost of light bulbs and volleyballs in the base year was $4500, what would the price index for this two-good market equal in the year 2010?
A)104.86
B)100.00
C)112.52
D)122.22

Question

A Two-Good Market
 
-In the table shown above, assuming that the market basket cost of light bulbs and volleyballs in the base year was $4500, what would the price index for this two-good market equal in the year 2010?
A)104.86 
B)100.00 
C)112.52 
D)122.22

Quizplus · Accepted Answer

The Answer of A Two-Good Market
 
-In the table shown above, assuming that the market basket cost of light bulbs and volleyballs in the base year was $4500, what would the price index for this two-good market equal in the year 2010?
A)104.86 
B)100.00 
C)112.52 
D)122.22

A Two-Good Market -In the Table Shown Above, Assuming That the Market Basket