What is saras real income in terms of cola

Assignment Help Econometrics

Reference no: EM13207415

Sara's income is $12 a week. The price of popcorn is $3 a bag, and the price of a cola is $3 a can.
a. What is Sara's real income in terms of cola?
b. What is her real income in terms of popcorn?

Reference no: EM13207415

Questions Cloud

Explain did you face a tradeoff : The night before an economic exam, you decide to go to the movies instead of staying home and working your MyEconLab study plan. You get 50 percent on your exam compared with the 70 percent that you normally score.

Explain granola bar while working on a statics assignment : a hungry engineering student reaches for a favorite granola bar while working on a statics assignment if the granola bar contains 240 "calories"

Determine the gdp price index for 1984 : Suppose that in 1984 the total output in a single-good economy was 10,000 buckets of chicken and the price of each bucket of chicken was $10. In 2005 the price per bucket of chicken was $20 and 25,000 buckets were produced.

Explain mole of particles having two energy levels : For an ensemble consisting of a mole of particles having two energy levels separated by 1000. cm-1, at what temperature will the internal energy equal

What is saras real income in terms of cola : Sara's income is $12 a week. The price of popcorn is $3 a bag, and the price of a cola is $3 a can. a. What is Sara's real income in terms of cola b. What is her real income in terms of popcorn

State what wavelength do measure the change in absorbance : At what wavelength do you measure the change in absorbance to assay for enzyme X? Does the absorbance increase or decrease over time?

What is jasons real income in terms of spy novel : Jason enjoys DVDs and spy novels and spends $60 a month on them. The price of a DVD is $20 and the price of a spy novel is $10. a. What is Jason's real income in terms of spy novel b. What is the relative price of a DVD

Explain the melting point of tropylium bromide : The melting point of tropylium bromide is above 200 degree C, quite high for an organic compound. How can you account for these experimental observations?

Will opportunity cost of producing ethanol in us increase : Ethanol can be produced from either sugar or corn. A gallon of ethanol cost 90¢ to produce from Brazilian sugarcane and $1 to produce from U.S.corn. The U.S. Department of Agriculture expects 20 percent of the corn harvest to be used to produce et..

User Account

All Pages