Suppose that a typical market based in Japan consists of 200 Apples and 290 Textbooks. The table below shows data on prices for Apples and Textbooks in Japan for three years. Year Price of Apples Price of Textbooks 2014 $1.40 200 2015 $1.10 140 2016 $1.10 200 Assume that the base year is 2015.  Given this data, what is the price of the basket in 2014?  What is the price of the basket in 2015? What is the price of the basket in 2016?

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