Suppose Marcus eats nothing but burritos for dinner. He buys 30 burritos each month. During the last couple of weeks, Marcus notice a decrease in the price of burritos. The price of burritos fell from $5.00 per burrito last month to $4.80 per burrito this month. Assume that Marcus has a fixed income of $150 that he can spend on burritos. How many burritos can Marcus afford to buy at the new price of $4.80? Instructions: Round your answer down to the nearest whole number. burritos

ENGR.ECONOMIC ANALYSIS
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Author:NEWNAN
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Chapter1: Making Economics Decisions
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Suppose Marcus eats nothing but burritos for dinner. He buys 30 burritos each month. During the last couple of weeks, Marcus noticed
a decrease in the price of burritos. The price of burritos fell from $5.00 per burrito last month to $4.80 per burrito this month. Assume
that Marcus has a fixed income of $150 that he can spend on burritos.
How many burritos can Marcus afford to buy at the new price of $4.80?
Instructions: Round your answer down to the nearest whole number.
burritos
Transcribed Image Text:Suppose Marcus eats nothing but burritos for dinner. He buys 30 burritos each month. During the last couple of weeks, Marcus noticed a decrease in the price of burritos. The price of burritos fell from $5.00 per burrito last month to $4.80 per burrito this month. Assume that Marcus has a fixed income of $150 that he can spend on burritos. How many burritos can Marcus afford to buy at the new price of $4.80? Instructions: Round your answer down to the nearest whole number. burritos
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