Assume that a consumer has $12 in income and she can buy only two goods, apples or bananas. The price of an apple is $1.50 and the price of a banana is $0.75. If the consumer spent all of her money on either apples or bananas, how many apples or how many bananas would she be able to buy

she can buy 8 apples or 12 bananas

Explanation:

The total amount of apples that can be purchased with $12 is 8 (= $12 / $1.50), while the total number of bananas is 16 (= $12 / $0.75). This is known as the consumer possibilities frontier.

Her consumer possibilities frontier is shown by the attached graph, and she should be able to purchase any combination given by the line.

idk

explanation:

bc why nah

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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