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In a small community of 30 people, breakfast is the most important meal of the day. Therefore, the only two goods that this community produces
In a small community of 30 people, breakfast is the most important meal of the day. Therefore, the only two goods that this community produces are coffee and scones in the following amounts: Year Coffee Scones Quantity Price Quantity Price 2020 60 cups $1.25 45 units $2.10 2021 90 cups $1.45 65 units $3.95 If the consumption basket of the average family contains only 10 cups of coffee and 40 scones each year, what is the cost of the basket in 2021? $96.5 $172.5 $178.8 $100
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