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Ice cream dessert in the desert last this Ingredient: Year year Vanilla ice cream $3.00 $4.25 Chocolate sauce 10$2.50 $2.50 Whipped cream $1.00 $2.25 Chocolate

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Ice cream dessert in the desert last this Ingredient: Year year Vanilla ice cream $3.00 $4.25 Chocolate sauce 10$2.50 $2.50 Whipped cream $1.00 $2.25 Chocolate chip $3.50 $4.00 mint ice cream $6.50 $9.00 $7.00 $8.75 The example above is extremely similar to the one covered in the learning object. Remember, for the Laspeyres price index, the increase in price is the percent increase in the cost of the basket bought in the previous period between the previous and this period. Calculate the Laspeyres estimate of the percent change in price over the past year. Round to the nearest whole percent

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