Question: Price Quantity Item 2000 2016 2000 2016 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

Price Quantity

Item 2000 2016 2000 2016

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 2000 as the base period. Round answer to 2 decimal places.

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