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 161 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
Gracias!

momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Holy Week in Spain Holy Week in Spain
Holy Week in Spain Holy Week in Spain
Baby's eyes are developed in 6th week of pregnancy Baby's eyes are developed in 6th week of pregnancy
The energy budget The energy budget
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ... The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Video: Blood Pressure Measurement

For a complete list of videos, visit our video library