Akua is a school of Agriculture graduate and consumes 2 products:yoghurt and bread.Akua also earns a typical student income from the parent .400 cedis a month.She can either spend all on yoghurt and get 50,or she can spend it all on bread and get 200 loaves. Given the information answe the following (b)The following are the bundles that Akua can afford with her income: Yoghurt    Bread 10                        0                        80 20   Fill the blanks in the table with the quantities that will exhaust Akua’s income.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
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Akua is a school of Agriculture graduate and consumes 2 products:yoghurt and bread.Akua also earns a typical student income from the parent .400 cedis a month.She can either spend all on yoghurt and get 50,or she can spend it all on bread and get 200 loaves. Given the information answe the following

(b)The following are the bundles that Akua can afford with her income:

Yoghurt    Bread

10

                       0

                       80

20

 

Fill the blanks in the table with the quantities that will exhaust Akua’s income.

 

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