Question
Pam visits the farmers' market every Saturday to purchase wheat, barley, and oats. On the first Saturday, wheat is selling for $2 per bushel and
Pam visits the farmers' market every Saturday to purchase wheat, barley, and oats. On the first Saturday,
wheat is selling for $2 per bushel and Pam buys 10 bushels, barley is selling for $1 per bushel and she buys
20 bushels, while oats are selling for $2 per bushel and she buys 20 bushels of oats. In total, she spends
$80 on the first Saturday. On the second Saturday, wheat is still selling for $2 per bushel and Pam buys
20 bushels, barley is now selling for $2 per bushel and she buys 10 bushels, while oats are selling for $1 per
bushel and she again buys 20 bushels of oats. On the third Saturday, wheat is still selling for $1 per bushel
and Pam buys 20 bushels, barley is now selling for $2 per bushel and she buys 20 bushels, while oats are
selling for $2 per bushel and she now buys only 10 bushels of oats.Given this information, what can you say
about Pam's choices? Are they rational?
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Introduction To Leadership Concepts And Practice
Authors: Peter G Northouse
5th Edition
1544351593, 978-1544351599
