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6. [-I1 Points] DETAILS ASWSBE1420.E.023.MI. OIZ Submissions Used MY NOTES ASK YOUR TEACHER The operations of seafood restaurant chains such as Red Lobster are sensitive

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6. [-I1 Points] DETAILS ASWSBE1420.E.023.MI. OIZ Submissions Used MY NOTES ASK YOUR TEACHER The operations of seafood restaurant chains such as Red Lobster are sensitive to changes in the price of seafood. Quantity data for a regional seafood chain coupled with price data are In the following table. Price ($/ pound) Quantity 0b.) Halibut 75,200 2.06 5.10 Lobster 83,190 3.56 4.35 Tuna 50,789 2.02 1.21 (b) Compute a weighted aggregate price index for the regional seafood chain. (Round your answer to one decimal place.) Comment on the change in seafood expense over the 16-year period. (Round your answer to one decimal place.) In aggregate, seafood expenses have increased [:] "lo over the 16-year period

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