Question: 3. (35 points) In year 1, 2, and 3, two products are produced in an economy: apple and oranges. The quantities and prices for each

3. (35 points) In year 1, 2, and 3, two products

3. (35 points) In year 1, 2, and 3, two products are produced in an economy: apple and oranges. The quantities and prices for each good in each year are listed in the table below: Year 1 Year 2 Year 3 Q P Q P Q P Apple 30 $1 80 $0.9 150 $0.9 Orange 40 $0.4 80 $0.6 110 $1.2

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