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Assume that the average consumer in Mexico and the average consumer in the United States buy the quantities and pay the prices indicated in the
Assume that the average consumer in Mexico and the average consumer in the United States buy the quantities and pay the prices indicated in the followingtable:
Food Transportation Services
Price Quantity Price Quantity
Mexico 5 pesos 410 19 pesos 220
United States $1.25 1,200 $2 2,300
Compute U.S. consumption per capita in dollars.
U.S. consumption per capita is $ | | (Round your response to the nearest dollar.)
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