$\backslash$table$[[,$Price in $2011,$Price in $2012,$Quantity$],[$Oranges$,$$$0\mathrm{.}50,$$$0\mathrm{.}40,200],[$Apples$,$$$0\mathrm{.}25,$$$0\mathrm{.}40,100],[$Bananas$,$$$0\mathrm{.}40,$$$0\mathrm{.}50,100]]$

Question $1$

$4$ pts

Suppose $2011$ is the base year and the market basket for purposes of constructing a price index consists of $200$ oranges, $100$ apples, and $100$ bananas. What is the value of the price index in $2011?$