This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Budget ConstraintsSuppose that Margaret has $30 per week to spend on cheese and crackers. The price ... (Read 163 times)

Austinleez3

  • Full Member
  • ***
  • Posts: 158
on: Nov 23, 2022
Budget Constraints

Suppose that Margaret has $30 per week to spend on cheese and crackers. The price of a pound of cheese is $1 and the price of a box of crackers is $5.
What is the opportunity cost of a box of crackers in terms of cheese? Please round your final answer to two decimal places.
Given Margaret's budget, what is the maximum amount of cheese she can purchase?  Crackers?
◦ 0.20 pound of cheese,6 pounds of cheese, 30 boxes of crackers
◦ 5.00 pound of cheese, 30 pounds of cheese, 6 boxes of crackers
◦ 5.00 pound of cheese, 6 pounds of cheese, 30 boxes of crackers
◦ 0.20 pound of cheese, 30 pounds of cheese, 6 boxes of crackers
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Austinleez3 on Nov 23, 2022

feiojef

  • Full Member
  • ***
  • Posts: 172
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly


Austinleez3

  • Member
  • Posts: 158
Reply 2 on: Nov 23, 2022
Excellent

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Energy budget for a temperate deciduous forest (data from Gosz et al. 1978). Energy budget for a temperate deciduous forest (data from Gosz et al. 1978).
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Margaret Sanger, birth control pioneer. Margaret Sanger, birth control pioneer.
Macaroni and Cheese Nutrition Label Macaroni and Cheese Nutrition Label
The cheddar cheese on the top of a cheeseburger has more fat and saturated fat per ounce The cheddar cheese on the top of a cheeseburger has more fat and saturated fat per ounce
Embryonic Period - 3rd week Embryonic Period - 3rd week
Video: Homeostasis (range of body conditions, normal limits, mild stresses & severe stresses)

For a complete list of videos, visit our video library