1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Charra [1.4K]
3 years ago
7

Quincy lives on pretzels and seafood salads. The price of pretzels is 1 dollar per bag and the price of seafood salads is 2 doll

ars each. Quincy allows himself to spend no more than 14 dollars a day on food. He also restricts his consumption to 3,400 calories per day. There are 600 calories in a bag of pretzels and 200 calories in a seafood salad. If he spends his entire money budget each day and consumes no more calories than his calorie limit, he can consume up to:_______.
A) 2 bags of pretzels per day but no more.
B) 5 seafood salads per day but no more.
C) 4 bags of pretzels per day but no more.
D) 5 bags of pretzels per day but no more.
E) None of the above.
Business
1 answer:
nexus9112 [7]3 years ago
5 0

Answer:

C) 4 bags of pretzels per day but no more.

Explanation:

Let x represent the amount of pretzels bought and let y represent the amount of seafood bought.

Since Quincy allows himself to spend no more than 14 dollars a day on food, hence:

x + 2y ≤ 14        (1)

He also restricts his consumption to 3,400 calories per day, hence:

600x + 200y  ≤ 3400    (2)

Also, x, y > 0        (3)

Plotting the constraints of equation, 1, 2 and 3 using geogebra online graphing tool

From the graph, the point that satisfy this equation is (4, 5). That is 4 pretzels and 5 seafood.

This means that he can consume 4 bags of pretzels per day but no more.

You might be interested in
What are the three components of a basic accounting equation? Should a basic accounting formula balance at all times ? If yes ex
Kamila [148]
The formula is: Assets = Liabilities + Shareholders' Equity. The three components of the basic accounting formula are: Assets. These are the tangible and intangible assets of a business, such as cash, accounts receivable, inventory, and fixed assets
7 0
3 years ago
For which pairs of goods is the cross-price elasticity most likely to be positive? a. peanut butter and jelly b. bicycle frames
Levart [38]

Answer: d. Pen and pencils.

Explanation:

Cross-price elasticity measures the degree of responsiveness of the demand for a certain good towards the change in the price of a related good. Percentage is used to measure cross-price elasticity.

In case of two goods like pens and pencils, cross price elasticity is positive. That is, if the price of a pen increases, it will lead to an increase in the demand for pencils. The propertional change in price of pens give a positive relative change in the demand for pencils.

3 0
3 years ago
Read 2 more answers
Self-interest helps achieve society's economic goals because as consumers and producers exercise their ____ to act in their own
aleksklad [387]

Answer:

Self-interest helps achieve society's economic goals because as consumers and producers exercise their<u> freedom</u> to act in their own self-interest markets will produce the desired goods at the<u> lowest </u>possible cost.

5 0
3 years ago
How does market research give direction to advertising?
abruzzese [7]

Answer:

it will help you to know what the producer wants

Explanation:

you understand that if you will talk about the product in the market or you will research on what is in the market so you are able to know the idea or you will know what they want in the market,so advertising also give direction to business

8 0
3 years ago
Maria Lorenzi owns an ice cream stand that she operates during the summer months in West Yellowstone, Montana. She is unsure how
ddd [48]

Answer:

1. $2,185

2. Percentage increase 14%. Sales decrease -22%

3. $1,805

4. -17.4%

Explanation:

1. In calculating the profit for the first week we will simply deduct the costs from the sales.

= Sales - Fixed Costs - Variable costs

= (1,800 cones * 3.5) - 2,675 - ( 1,800 cones * 0.8)

= 6,300 - 2,675 - 1,440

= $2,185

$2,185 is her profit for the first week.

2. Percentage increase in selling price will be,

= 4-3.5/3.5 * 100%

= 14%

Percentage decrease in sales

= 1,400 - 1,800 / 1,800 * 100%

= -22%

3. Using the first questions method we have,

= (1,400 * 4) - 2,675 - (1,400 * 0.8)

= 5,600 - 2,675 - 1,120

= $1,805

$1,805 is her profit for the second week.

4. Decrease in profit

= $1,805 - $2,185 / 2,185 * 100%

= -17.4%

Maria Lorenzi suffered a decrease in profit of -17.4% as a result of raising her prices by 14%.

7 0
3 years ago
Other questions:
  • Overall, who benefited most from tax reform in 1997
    12·1 answer
  • What are the weak points of economic costs that are part of a free enterprise economy?
    15·2 answers
  • Bunny's Furniture Warehouse accepted a national credit card for a $3,300 purchase. The Cost of the Goods Sold is $1,300. The cre
    7·1 answer
  • A travel article researcher randomly sampled 250 adult residents of Illinois and asked each resident if he/she planned to vacati
    12·1 answer
  • Why is there a meat surplus and what does that mean for us when going to the grocery?
    8·1 answer
  • Bob DeSlob, CEO of Westlake Inc., had supported the development and distribution of the Super Widget, a product that is expensiv
    6·1 answer
  • Which piece of office equipment can help keep sensitive information private?
    12·2 answers
  • According to the law governing mortgage loan brokers, what is the maximum commission Broker Dan can charge for securing a $15,00
    14·1 answer
  • Moss Co. issued $100,000 of five-year, 11% bonds with interest payable semiannually, at a market (effective) interest rate of 8%
    13·1 answer
  • What is the present value of an ordinary annuity of $500 a year for 6 years assuming an interest rate of 9%?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!