111k views
5 votes
You spend 1/2 of your allowance each week on school lunches.

A) True
B) False

1 Answer

2 votes

Final answer:

Without specific details about the student's allowance and lunch costs, we cannot determine if spending 1/2 of their allowance on school lunches is true or false. The example provided of Alphonso's budget constraints illustrates the principles of trade-offs and budgeting between buying burgers and bus tickets.

Step-by-step explanation:

The question presented does not have a definitive true or false answer because it is lacking specific information about the student's actual spending habits on school lunches. To relate this to a consumer's budget problem, we can consider Alphonso's situation where he has a weekly budget of $10 that he can spend on bus tickets and burgers.

If Alphonso spends all his weekly allowance on burgers, he can buy five per week, since each burger costs $2. Conversely, if he spends all on bus tickets, which cost $0.50 each, he can purchase 20 tickets. Essentially, this demonstrates the concept of budget constraints and trade-offs in economics where Alphonso must decide how best to allocate his limited funds between two types of purchases.

However, without knowing the exact amount of the student's allowance and the cost of school lunches in the original question, we cannot ascertain if the statement about spending 1/2 of the allowance on school lunches is true or false.

User Dobob
by
8.1k points

No related questions found