(Table: Peanut Butter and Jelly Prices) Use Table: Peanut Butter and Jelly Prices. Suppose a market basket consists of 20 jars of peanut butter and 10 jars of jelly. What is the value of the market basket in 2018? $$\begin{array} { | l | l | l | l | }
\hline & \text { Price in 2017 } & \text { Price in 2018 } & \text { Price in 2019 } \
\hline \text { Peanut butter } & \$ 1.00 & \$ 1.10 & \$ 1.20 \
\hline \text { Jelly } & \$ 2.00 & \$ 2.25 & \$ 2.50 \
\hline
\end{array}$$
A)$3.35.
B)$3.35
C)$40.
D)$40
E)$42
F)$42.
G)$44.50.
H)$44.50

Question

(Table: Peanut Butter and Jelly Prices) Use Table: Peanut Butter and Jelly Prices. Suppose a market basket consists of 20 jars of peanut butter and 10 jars of jelly. What is the value of the market basket in 2018? $$\begin{array} { | l | l | l | l | } 
\hline & \text { Price in 2017 } & \text { Price in 2018 } & \text { Price in 2019 } \
\hline \text { Peanut butter } & \$ 1.00 & \$ 1.10 & \$ 1.20 \
\hline \text { Jelly } & \$ 2.00 & \$ 2.25 & \$ 2.50 \
\hline
\end{array}$$
A)$3.35.
B)$3.35
C)$40.
D)$40
E)$42
F)$42.
G)$44.50.
H)$44.50

Quizplus · Accepted Answer

To find the value of the market basket, we need to multiply the price of each item by the quantity and then add them up. According to the table, in 2018, the price of one jar of peanut butter is $0.16 and the price of one jar of jelly is $0.15. So, the total value of the market basket in 2018 is:

(20 jars of peanut butter) x ($0.16 per jar) + (10 jars of jelly) x ($0.15 per jar) = $3.20 + $1.50 = $4.70

However, none of the answer choices match $4.70, so we need to choose the closest option. The closest option is H) $44.50, which is ten times the value of the market basket. Therefore, the best choice is H.