Question

Isabella thrives on two goods: lemons and tangerines. The cost of lemons is 40 guineas each and the cost of tangerines is 20 guineas each. If her income is 320 guineas, how many lemons can she buy if she spends all of her income on lemons

Answer 1

*8 lemons*

Step-by-step explanation:

If the cost of 1 lemon= 40 guineas,

And she has 320 guineas to spend on lemons only (excluding tangerines), then:

Total money available/Cost of lemon,

Which is, *320/40= 8.*

So,if she only has 320 guineas to spend on lemons at a cost of 1 lemon for 40 guineas, then she can buy 8 lemons.