Question

Suppose that with a budget of $200, Deborah spends $120 on sushi and $80 on bagels when sushi costs $2 per piece and bagels cost $2 per bagel. But then, the price of bagels falls to $1 per bagel. Instructions: Enter your answers as whole numbers. a. How many pieces of sushi and how many bagels did Deborah consume before the price change? Pieces of sushi Bagels b. At the new prices, how much money would it have cost Deborah to buy those same quantities (the ones that she consumed before the price change)?

Answer 1

Ans. a) Deborah spends money on sushi= $120

price of sushi = $2 per piece

no. of pieces of sushi consume = $120/ $2

= 60 pieces of sushi

Deborah spends money on Bagels = $80

price of Bagels= $2 per Bagel

no. of Bagels consume= $80/ $2

= 40 Bagels

b) when the price falls to $1

No. of Bagels consume = $80 /$1

= 80 Bagels

Now, Deborah would only cost $40 of money to buy the same quantity( that is 40 Bagels) of Bagels that he bought at the old price $2 per bagel