Potatoes cost janice 100 per pound and she has 500 that she, Ask an Expert

Economics

Potatoes cost Janice $1.00 per pound, and she has $5.00 that she could possibly spend on potatoes or other items. If she feels that the fist pound of potatoes is worth $1.50, the second pound is worth $1.14, the third pound is worth $1.05, and all the subsequent pounds are worth $0.30, how many pounds of potatoes will she purchase?

View complete question

Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9744055

Have any Question?Write your Review or question?

Related Questions in Macroeconomics

Question how would you manage the costs associated with a

Question: How would you manage the costs associated with a value-creation activity? How do costs of operations relate to the strategy of the organization? The response must be typed, single spaced, must be in times new r ...

Please answer the following four discussion questions1

Please Answer The Following Four Discussion Questions 1. Explain four types of unemployment 2. Explain the advantages and disadvantages of: (a) A flexible exchange rate regime (b) A fixed exchange rate regime 3. Suppose ...

Question when other firms reactsuppose you are the

Question: When other firms react Suppose you are the owner-operator of a gas station in a small town. Over the past 20 years, you and your rival have successfully kept prices at a very high level. You recently learned th ...

Question - feldstein 2012 indicates that the hospital is

Question - Feldstein (2012) indicates that the hospital is the most important institutional setting for the delivery of medical services because it represents "the largest single health care expenditure category," and it ...

Question - a student buys a used car for 3000 with no money

Question - A student buys a used car for $3000 with no money down. She pays for the car in 30 equal monthly payments with interest at 12% per year compounded monthly. a. What is the monthly loan payment? b. What is the t ...

Question - a study was conducted to determine how people

Question - A study was conducted to determine how people get jobs. Four hundred subjects were randomly selected and the following are the results: Job Source of Survey Respondents Frequency Newspaper want ads 69 Online s ...

Question why might a parent company like mcdonalds or

Question: Why might a parent company like McDonalds or Hilton choose to franchise its local outlets rather than own them and staff them with employees? In many smaller cities all McDonald's outlets are owned by the same ...

Question suppose that there is a natural disaster that

Question: Suppose that there is a natural disaster that destroys part of the nation's capital stock. A) Determine the effects on aggregate output, consumption, employment, and the real wage, with reference to income and ...

Assignment 2 global economy national economies and

Assignment 2: Global Economy, National Economies, and Competition In the first part of the twenty-first century a great recession struck most of the countries in the world. The next decade has been severally impacted wit ...

Question - suppose you are drawing cards out of a 30 card

Question - Suppose you are drawing cards out of a 30 card deck. The following table reports the value of each type of card and the frequency of each type. Value Frequency 1 6 2 7 3 6 4 3 5 8 Are the card values discrete ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Macroeconomics Expert