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The Table Below Lists the Prices of Chips and Salsa

Question 154

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The table below lists the prices of chips and salsa for the months of October, November, and December. Assume that the typical consumer buys 8 bags of chips and 4 jars of salsa each month, and that October is the base period.
 Month  Price of Chips  Price of Salsa  October $2.50$2.50 November $2.40$2.55 December $2.60$2.75\begin{array} { | l | l | l | } \hline \text { Month } & \text { Price of Chips } & \text { Price of Salsa } \\\hline \text { October } & \$ 2.50 & \$ 2.50 \\\hline \text { November } & \$ 2.40 & \$ 2.55 \\\hline \text { December } & \$ 2.60 & \$ 2.75 \\\hline\end{array}
-Refer to Table 24-6. Calculate the consumer price index for February and March.

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