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Suppose Sandra has $16.00 to spend only on ripe bananas and plums. Ripe bananas cost $0.80 each and plums cost $0.20 each.
a. write down the algebraic equation for sandra's budget constraint
b. if sandra buys only ripe bananas, calculate how many bananas can be bought?
c. if sandra buys only plums, calculate how many plums can be bought?
d if sandra were to buy 12 ripe bananas, how many plums could be bought with the funds left over?
e. if sandra consumes one less ripe banana (i.e 11) how many more plums could be bought?
f. is the rate of trade off the same no matter how many ripe bananas are relinquished?
g. calculate the opportunity cost of ripe bananas for sandra?
h. calculate the opportunity cost of ripe plums for sandra?
i. graph the sandra's budget showing the points mentioned in ad
 one year ago
 one year ago
Suppose Sandra has $16.00 to spend only on ripe bananas and plums. Ripe bananas cost $0.80 each and plums cost $0.20 each. a. write down the algebraic equation for sandra's budget constraint b. if sandra buys only ripe bananas, calculate how many bananas can be bought? c. if sandra buys only plums, calculate how many plums can be bought? d if sandra were to buy 12 ripe bananas, how many plums could be bought with the funds left over? e. if sandra consumes one less ripe banana (i.e 11) how many more plums could be bought? f. is the rate of trade off the same no matter how many ripe bananas are relinquished? g. calculate the opportunity cost of ripe bananas for sandra? h. calculate the opportunity cost of ripe plums for sandra? i. graph the sandra's budget showing the points mentioned in ad
 one year ago
 one year ago

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Daish96Best ResponseYou've already chosen the best response.0
is it mutiple choice anser like choicing the answer or is it like come up wit a equation
 one year ago

GoldRush18Best ResponseYou've already chosen the best response.0
its not multiple choice , i have to answer each part with an equation
 one year ago

Daish96Best ResponseYou've already chosen the best response.0
ok um wow got alot of writing to do
 one year ago

GoldRush18Best ResponseYou've already chosen the best response.0
yea so u don't understand how to do this?
 one year ago

VanessaliberioBest ResponseYou've already chosen the best response.0
Hi!! I don't know if i understood right, but i think in letter b* the answer is 20 bananas. ($16/ $ 0.80). Is it?
 one year ago

VanessaliberioBest ResponseYou've already chosen the best response.0
=)) So, the answer of C is 80 ( $16/$0.2)
 one year ago
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