Price information for selected foods for 2010 and 2018 is given in the table.     Price   Quantity Item 2010 2018   2010 2018 Cabbage (pound) $ 0.06   $ 0.05       2,000     1,500   Carrots (bunch)   0.10     0.12       200     200   Peas (quart)   0.20     0.18       400     500   Endive (bunch)   0.15     0.15       100     200

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Price information for selected foods for 2010 and 2018 is given in the table.
 

  Price   Quantity
Item 2010 2018   2010 2018
Cabbage (pound) $ 0.06   $ 0.05       2,000     1,500  
Carrots (bunch)   0.10     0.12       200     200  
Peas (quart)   0.20     0.18       400     500  
Endive (bunch)   0.15     0.15       100     200  
 

Compute a simple price index for each of the four items. Use 2010 as the base period. (Round your answers to 2 decimal places.)

Item
Simple price index
Cabbage
Carrots
Рeas
Endive
Transcribed Image Text:Item Simple price index Cabbage Carrots Рeas Endive
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