a. Will Pam be able to buy and want to buy 30 cookies and 5 granola bars
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b. Which situation does Pam prefer: cookies at $1 and granola bars at $2 or cookies at 50¢ and granola bars at $5?
Pam has made her best affordable choice of cookies and granola bars. She spends all of her weekly income on 30 cookies at $1 each and 5 granola bars at $2 each. Next week, she expects the price of a cookie to fall to 50¢ and the price of a granola bar to rise to $5.
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a Pam can still buy 30 cookies and 5 granola bars When Pam buys 30 cookies at 1 each and 5 granola b...View the full answer
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