Table 11-2
The table below pertains to Iowan, an economy in which the typical consumer's basket consists of 3 pounds of pork and 4 bushels of corn. $$\begin{array} { | c | c | c | }
\hline \text { Year } & \begin{array} { c }
\text { Price of } \
\text { pork }
\end{array} & \begin{array} { c }
\text { Price of } \
\text { Corn }
\end{array} \
\hline 2008 & \$ 20 \text { per pound } & \$ 12 \text { per bushed } \
\hline 2009 & \$ 25 \text { per pound } & \$ 18 \text { per bushed } \
\hline
\end{array}$$
-Refer to Table 11-2. The cost of the basket in 2009 was

Question

Table 11-2
The table below pertains to Iowan, an economy in which the typical consumer's basket consists of 3 pounds of pork and 4 bushels of corn. $$\begin{array} { | c | c | c | } 
\hline \text { Year } & \begin{array} { c } 
\text { Price of } \
\text { pork }
\end{array} & \begin{array} { c } 
\text { Price of } \
\text { Corn }
\end{array} \
\hline 2008 & \$ 20 \text { per pound } & \$ 12 \text { per bushed } \
\hline 2009 & \$ 25 \text { per pound } & \$ 18 \text { per bushed } \
\hline
\end{array}$$
-Refer to Table 11-2. The cost of the basket in 2009 was

Quizplus · Accepted Answer

The cost of the basket in 2009 is calculated as follows: (3 pounds of pork * $25 per pound) + (4 bushels of corn * $18 per bushel) = $75 + $72 = $147.

Table 11-2 the Table Below Pertains to Iowan, an Economy

Table 11-2
the Table Below Pertains to Iowan, an Economy