Rice is sold at GH€56.00 per bag of 50 kg. A trader bought some bags of rice and paid GH¢1.344.00. (i) How many bags of rice did the trader buy? (ii) If the trader retailed the bags of rice at GH¢1.40 per kg, how much profit was made on 1 kg of rice? ​

Problems and applications q5 four roommates are planning to spend the weekend in their dorm room watching old movies, and they are debating how many to watch. here is their willingness to pay for each film: willingness to pay (dollars) shen antonio dmitri jake first film 10 9 8 3 second film 8 7 6 2 third film 6 5 4 1 fourth film 4 3 2 0 fifth film 2 1 0 0 within the dorm room, the showing of a movie a public good. if it costs $12 to rent a movie, the roommates should rent movies in order to maximize the total surplus. suppose the roommates choose to rent the optimal number of movies you just indicated and then split the cost of renting equally. this means that each roommate will pay $ .