Answer:
The opportunity cost of going to see the Star Wars movie on Friday is $35.
Step-by-step explanation:
You won a free ticket to see the latest Star Wars movie this Friday night with a face value of $15.
Tickets to see your favorite band cost $30, and on any given day, you would be willing to pay as much as $50 for a ticket.
So, the opportunity cost of going to see the Star Wars movie on Friday =
dollars
Answer:
Pies=$0.85
Donuts= $1.20
Step-by-step explanation:
In the equation let p stand for the number of pies and d stand for the number of donuts.
To solve this set up 2 equations, one representing bill and the other representing Mary Ann.
Then solve using a system of equations. Systems of equations can be solved using elimination or substitution. I will use substitution. Solve bill's equation for p. This gives you . Then, you can substitute that into Mary Ann's equation. This looks like
. Solve for d. Once you solve d=1.20. Finally, substitute 1.20 back into either Bill's or Mary Ann's for d and solve for p. No matter which equation you use p=0.85.