Anton has the endowment (2 eggs, 2 yogurts), which he can trade on the market. If the price of eggs is $0.8 per egg and the price of yogurts is $3.3 per yogurt, what is the maximum number of eggs he can consume? Please round your answer to two decimal places, if necessary.

Anton has the endowment (2 eggs, 2 yogurts), which he can trade on the market. If the price of eggs is $0.8 per egg and the price of yogurts is $3.3 per yogurt, what is the maximum number of eggs he can consume? Please round your answer to two decimal places, if necessary.

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter1: What Economics Is About

Section: Chapter Questions

Problem 19QP

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Question

Anton has the endowment (2 eggs, 2 yogurts), which he can trade on the market. If the price of
eggs is $0.8 per egg and the price of yogurts is $3.3 per yogurt, what is the maximum number of
eggs he can consume?
Please round your answer to two decimal places, if necessary.

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