Table 11-1
The table below pertains to Pieway, an economy in which the typical consumer's basket consists of 10 bushels of peaches and 15 bushels of pecans. $$\begin{array} { | c | c | c | }
\hline \text { Year } & \begin{array} { c }
\text { Price of } \
\text { Peaches }
\end{array} & \begin{array} { c }
\text { Price of } \
\text { Pecans }
\end{array} \
\hline 2005 & \$ 11 \text { per bushd } & \$ 6 \text { per bushel } \
\hline 2006 & \$ 9 \text { per bushed } & \$ 10 \text { per bushe } \
\hline
\end{array}$$
-Refer to Table 11-1. The cost of the basket in 2005 was

Question

Table 11-1
The table below pertains to Pieway, an economy in which the typical consumer's basket consists of 10 bushels of peaches and 15 bushels of pecans. $$\begin{array} { | c | c | c | } 
\hline \text { Year } & \begin{array} { c } 
\text { Price of } \
\text { Peaches }
\end{array} & \begin{array} { c } 
\text { Price of } \
\text { Pecans }
\end{array} \
\hline 2005 & \$ 11 \text { per bushd } & \$ 6 \text { per bushel } \
\hline 2006 & \$ 9 \text { per bushed } & \$ 10 \text { per bushe } \
\hline
\end{array}$$
-Refer to Table 11-1. The cost of the basket in 2005 was

Quizplus · Accepted Answer

The cost of the basket in 2005 was $11 per bushel for peaches and $6 per bushel for pecans. So, the cost of the basket in 2005 was 10 bushels of peaches * $11 per bushel + 15 bushels of pecans * $6 per bushel = $110 + $90 = $200.

Table 11-1 the Table Below Pertains to Pieway, an Economy

Table 11-1
the Table Below Pertains to Pieway, an Economy