contestada

Assume that a consumer has a given budget or income of $24 and that she can buy only two goods, apples or bananas. The price of an apple is $3.00 and the price of a banana is $2.00. If the consumer spent all of her budget on just apples or just bananas, how many apples or bananas maximum would she be able to buy

Respuesta :

Answer:

12 bananas or 8 apples are needed to purchased

Explanation:

The computation of the number of bananas or the apples is shown below:

Since the income is $24

And, the price of an apple and the price of banana is $3 and $2 respectively

So, the number of bananas is

= $24 ÷ $2

= 12 bananas

And, the number of apples is

= $24 ÷ 3

= 8 apples

Therefore 12 bananas or 8 apples are need to purchased

Parrain

Based on the budget of the consumer and the price of the apples and bananas, the maximum she could buy of each is 8 apples or 12 bananas.

Maximum number of apples that can be bought

= Total budget / price of apples

= 24 / 3

= 8 apples

Maximum number of bananas that can be bought

= 24 / 2

= 12 bananas

In conclusion, 8 apples or 12 bananas can be bought.

Find out more on maximum purchasing at https://brainly.com/question/15615390.

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