Mike budgets 50 per month for his morning tea t which he, Ask an Expert

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Mike budgets $50 per month for his morning tea (T) which, he likes to drink with cream (C). He likes it prepared with exactly 8 parts of tea to 1 part of cream. Tea costs $1 per ounce and cream costs $2 per ounce.

How much tea and how much milk will Mike buy in a given month?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M948389

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