Compute a consumer price index for apples for each year

Reference no: EM13189376

Abby consumes only apples. In year 1, red apples cost 1$ each, green apples 2$ each, and Abby buys ten red apples. In year 2, red apples cost $2, green apples cost $1, and Abby buys 10 green apples.

Compute a consumer price index for apples for each year, with year 1 as the base year?

Reference no: EM13189376

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