The study of economics is important because it enables us to

a-increase our consumption of consumer goods.

b- become better decision makers.

c-describe our standard of living.

d-determine what goods ought to be produced

1. the community center is putting on a play. there are several things the crew has to create for the scenery. (a) they spent $6.17 on each of 4 poster boards. how much did they spend on poster boards in total? show your work. (b) they spent $200.20 total on new lighting. each of the four lights cost the same amount. how much did they pay per light? show your work. (c) if the total budget was $300, how much more can they spend? show your work.