Madeleine Allows Herself $100 Per Month for Purchasing Coffee

question 91

Multiple Choice

Madeleine allows herself $100 per month for purchasing coffee.The diagram below illustrates the choices available to her in each month. FIGURE 1-3
-Refer to Figure 1-3.Which of the following combinations of regular coffees and lattes is affordable over the one-month period,given Madeleine's budget?

• A)15 lattes and 30 coffees
• B)16 lattes and 16 coffees
• C)8 lattes and 50 coffees
• D)4 lattes and 66 coffees
• E)20 lattes and 80 coffees

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Equity Investment

Money that is invested in a company by purchasing shares of that company, typically with the expectation of income from dividends and capital gains as the stock appreciates.

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