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Jake plans to spend $100 on fried chickens and Pepsi. The price of a fried chicken is $5 and Pepsi is $2 per bottle. If Jake buys 10 fried chickens how many bottles of Pepsi can he buy?

Accessible description: The figure shows a linear demand and supply curve for apartments, where rent is on the y-axis (dollars per month) and quantity is on the x-axis (thousands of apartments per month). The demand curve slopes downward, and three points lie along the demand curve (2, 1000), (3, 750) and (4, 500). The supply curve slopes upward, and three points lie along the supply curve (2, 200), (3, 750) and (4, 1000). The supply curve intersects the demand curve at (3, 750). f1q9g1.jpg The above figure shows the apartment rental market in Bigtown. If the Bigtown Housing Authority imposes a rent ceiling of $500.00 per apartment, the deadweight loss will be

Accessible description: The figure shows 3 linear budget lines and 2 indifference curves, where the quantity of gasoline is on the y-axis (gallons per week) and the quantity of coffee (pounds per week) is on the x-axis. Two of the budget lines are parallel to each other. The third has the same horizontal intercept as the further out of the other two and a slope that is smaller in absolute value. Point C is on the budget line that is furthest out and also is on the furthest out indifference curve. Points B and A are on the indifference curve closest to the origin. Point B also intersects the budget line that is to the left of the other that it is parallel with. Point A intersects the budget line with the flatter (smaller) slope.  f1q37g1.jpg The substitution effect from a fall in the price of a gallon of gasoline is shown in the above figure by the movement from

Accessible description: The figure shows 3 convex indifference curves, where the quantity of Good X is on the y-axis and quantity of Good Y is on the x-axis.  Two points A and B lie on the innermost indifference curve. One point C lies in the middle indifference curve. f1q31g1.jpg Which of the following statements about the above figure is true?

If a television commercial which asserts “the last bite tastes just as good as the first” is correct, then the marginal utility of the advertised product must be

Accessible description: The figure shows a linear budget line, where the quantity of movies is on the y-axis (per unit) and the quantity of books is on the x-axis (per month). The two budget line slopes downward. The second budget line shifts right, with a reduction in quantity of movies and the horizontal intercept remaining the same. f1q29g1.jpg In the above figure, the budget line would rotate in the direction indicated as a result of a

Cost, as measured by an accountant, generally does not include

Sue consumes only sub sandwiches and Mountain Dew. Subs and Mountain Dew are substitutes. If the price of a sub sandwiches increases,

When a consumer equilibrium is attained, that means that the consumer

Instructions:Answer ANY TWO (2) questions.Each response should be 125–150 words.Your paragraph must: Present a clear claim Include specific textual evidence Apply at least one relevant theoretical concept Move beyond summary into analysisPlease number your answers so I know which question you are answering. If you choose question 1, label it Question 1: and then type your paragraph