Consider the Data Shown in the Table A)$105
B)$55
C)$50
D)$52

Multiple Choice

Consider the data shown in the table. Assume that the economy produces only textbooks. What is the average price level between the two years?
$$\begin{array} { | l | c | c | } \hline & \begin{array} { c } \text { Textbooks } \\\text { Sold }\end{array} & \begin{array} { c } \text { Actual } \\\text { Price }\end{array} \\\hline \text { Last year } & 5,000 & \$ 50 \\\hline \text { This year } & 5,250 & \$ 55 \\\hline\end{array}$$

A) $105
B) $55
C) $50
D) $52.50