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Questiers The table below contains information about prices of goods contained in a market basket. The market basket consists of 15 table tennis balls
Questiers The table below contains information about prices of goods contained in a market basket. The market basket consists of 15 table tennis balls and 10 plastic cups. Let the base year be 2011. How much does the market basket cost in 2013? Price of Table Tennis Balls Price of Plastic Cups Market Basket Cost CPI Inflation Year 2011 $12 $30 2012 $12.50 $30 2013 $12.50 $31 2014 $13 $32 2015 $14 $32.5 $487.50 $480 O $497.50 $535 O $515 N/A BY
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