Betty has the endowment (8 eggs, 20 yogurts), which she can trade on the market. If the price of eggs is $1.8 per egg and the price of yogurts is $2.7 per yogurt, what is the value of her endowment at market prices? Please round your answer to two decimal places, if necessary.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter1: What Is Economics
Section: Chapter Questions
Problem 15AA
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Betty has the endowment (8 eggs, 20 yogurts), which she can trade on the market. If the price of eggs is $1.8 per egg and the price of yogurts is $2.7 per yogurt, what is the value of her endowment at market prices?

Please round your answer to two decimal places, if necessary. 

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