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Please both parts Examine the following information as reported for the foods below in the years 2010 and 2019. 2010 2019 Item Price ($) Quantity

Please both parts

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Examine the following information as reported for the foods below in the years 2010 and 2019. 2010 2019 Item Price ($) Quantity Price ($) Quantity Eggs (one dozen) $2.80 28 $3.32 38 Chicken (500 g) $3.15 10 $3.52 5 Bread (675 g) $2.23 23 $2.78 21 a) Compute a simple price index for each of the items, using the year 2010 as the base year. Enter them in the same order as above: Eggs, Chicken, Bread. Round answers to 1 decimal. A b) Compute a simple aggregate price index . Use 2010 as the base period. Round to one decimal place

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