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If in Chicago, a 4 L bag of 2% milk has an average price of $3.71. Prices in Charlotte and Charleston are $4.55 and $5.40
If in Chicago, a 4 L bag of 2% milk has an average price of $3.71. Prices in Charlotte and Charleston are $4.55 and $5.40 respectively. Calculate an index of these prices using Chicago as the base.
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