Refer to the information provided in Table 7.6 below to answer the questions that follow.
Table 7.6
-Refer to Table 7.6. The bundle price for the goods in period 2014 is
A) $41.00.
B) $50.50.
C) $57.50.
D) $100.00.

Question

Refer to the information provided in Table 7.6 below to answer the questions that follow.
Table 7.6 
-Refer to Table 7.6. The bundle price for the goods in period 2014 is
A) $41.00. 
B) $50.50. 
C) $57.50. 
D) $100.00.

Quizplus · Accepted Answer

The bundle price for the goods in period 2014 is $41.00. This is the sum of the prices of the individual goods in period 2014, which are $20.00 for good X and $21.00 for good Y.

Refer to the Information Provided in Table 7