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Potatoes cost Janice $0.50 per pound and she has $6.00 that she could possibly spend on potatoes or other items. Presume 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?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91226382

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