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Suppose the monthly market basket for consumers consists ofpizza,t-shirts, and rent. The table below shows...

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Economics

Suppose the monthly market basket for consumers consists ofpizza,

t

-shirts, and rent. The table below shows market basketquantities and prices for the three years. 2001 is the base year.\table[[Product,\table[[Market Basket],[Quantity]],2001 Price,2002Price,2003 Price],[Pizza,15,

$2.00

,

$2.50

,

$2.70
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