Suppose That Mario Consumes Eggplants and Tomatoes in the Ratio

question 9

Multiple Choice

Suppose that Mario consumes eggplants and tomatoes in the ratio of 1 bushel of eggplants per 1 bushel of tomatoes.His garden yields 30 bushels of eggplants and 10 bushels of tomatoes.He initially faced prices of $10 per bushel for each vegetable, but the price of eggplants rose to $20 per bushel, while the price of tomatoes stayed unchanged.After the price change, he would

• A)decrease his eggplant consumption by at least 3.33 bushels.
• B)decrease his consumption of eggplants by 5.33 bushels.
• C)increase his consumption of eggplants by 5.33 bushels.
• D)increase his eggplant consumption by 3.33 bushels.
• E)decrease his tomato consumption by at least 1 bushel.

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Definitions:

Unit Sales

The quantity of products sold or services rendered to customers in a specific period.

Target Profit

The desired net income that a company aims to achieve within a specific time period.

Break-even

A financial analysis point where a company's revenue exactly matches its expenses, resulting in neither profit nor loss.

Monthly Dollar Sales

The total revenue generated from sales in a particular month, measured in dollars.