Aplla questions (Chapter 24) 1. Calculating sifationum price index Consider a fictional price indies, the College Satent Price Inde (C), sod se a typical ge's the g table shows information on the market basket for the CP and the prices of each of the goods in 2017, 2018 201 The cost of each item in the basket and the total cost of the basket are shown 2017, Perform these same calculation for 2018 and 2019, and enter the results in the flowing table 2017 2018 Price Cost Price Cost Quantity in Basket (Dollars) (Dollar) (Dollar) (Dollars) Price (D) Notebooks 10. 2 20 Calculators 1 30 50 54 75 Large coffees 200 1 200 1 Energy drinks 100 2 200 1 Textbooks 20 100 1,000 120 150 Total cost Price index 1470 100 Suppose the base year for this price index 2017 In the last now of the table, calculate and enter the value of the CSP for the remaining years mn 2017 and 2018, the CSPI increased by Between 2018 and 2019, the CSP increased by 2019 Cost (Dollars)