8) For each scenario below, determine which challenge of measuring the true cost of livingquality improvements, new products, or substitution biasa price index constructed 15 years ago would experience. a. A typical family owns more cell phones and fewer landline telephones than it did a decade ago. The average price ofa cell phone plan is lower than that ofa residential line. b. Very few households had high-speed internet connections 15 years ago. Now most households do and the average price has fallen each year. c. Over the last 10 years, personal computers have gotten faster and acquired many new features that enable users to perform many more tasks