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Janice really likes potatoes. At best any other goods are worth less than a dollar to her, potatoes cost $0.50 per pound, and she has $5.00 that she could possibly spend ob potatoes or other items. Suppose she feels that the first pound of potatoes is worth $1.50, the second pound is worth $1.14, the third pound is worth $1.05, and all subsequent pounds are worth $0.30 . a)How many pounds of potatoes will she purchase? b)What if she only had $3.00 to spend?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91954683

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