Which situation does pam prefer

Reference no: EM13488693

17. 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 cookies to fall to 50c and the price of a granola bar to rise to $5.
a. Will Pam be able to buy and want to buy 30 cookies and 5 granola bars next week?
b. Which situation does Pam prefer: cookies at $1 and granola bars at $2 or cookies at 50c and granola bars at $5?

Reference no: EM13488693

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