puppose Leela can afford exactly 10 pencils and 4 erasers when the prices are $1 per pencil and $5 per eraser. Then what is Leela's income? $6 $10 $20 $30 $54
puppose Leela can afford exactly 10 pencils and 4 erasers when the prices are $1 per pencil and $5 per eraser. Then what is Leela's income? $6 $10 $20 $30 $54
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
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![Suppose Leela can afford exactly 10 pencils and 4 erasers when the prices are $1 per
pencil and $5 per eraser. Then what is Leela's income?
$6
$10
$20
$30
$54](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdd15b3c3-53f5-4c47-a8f3-30006517252b%2Fa7d2b266-d025-40f7-9560-d8561a33b51e%2F7dium2l_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Suppose Leela can afford exactly 10 pencils and 4 erasers when the prices are $1 per
pencil and $5 per eraser. Then what is Leela's income?
$6
$10
$20
$30
$54
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
Step 1
Given:
Price Quantity:
Price of pencil=$1
Price of eraser=$5
Number of pencils Leela can afford=10
Number of erasers Leela can afford=4
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