Max chooses to purchase movie tickets and restaurant meals every week with his $100. If the price of a movie ticket is $20 and the price of a restaurant meal is $25, then the slope of his budget constraint will be,Group of answer choices1/5-1/54/5-4/5

Max chooses to purchase movie tickets and restaurant meals every week with his $100. The budget constraint for Max shows _____________ that is __________ and his _________ between movie and restaurant meal.Group of answer choicesexpenditure; he prefers; trade-offconsumption bundles; not affordable; trade-offconsumption bundles; affordable; trade-offconsumption bundles; affordable; best choice

Refer to Table 5.2. The table above lists the highest prices five consumers are willing to pay for a theatre ticket. If the price of one of the tickets is $10, ___________.Correct!  everyone will buy a ticket except for Esther   only Anya and Basil will buy tickets   Celeste’s consumer surplus is $25   the total consumer surplus from the purchase of tickets will be $61  Question 5Tips0 / 1 ptsFigure 5.3 Figure 5.3 shows the market for tiger shrimp. The market is initially in equilibrium at a price of $15 and a quantity of 80. Now suppose producers decide to cut output to 40 in order to raise the price to $18.Refer to Figure 5.3. The value of the dead-weight loss at a price of $18 is ________.Correct answer  $100 You Answered  $180   $660   $1 040 Quiz score: 4 out of 5PreviousNextSubmission details:Time: 19 minutesCurrent score: 4 out of 5Kept score: 4 out of 5

What would the minimum suggested selling price be for a salad bar that averaged 100 guests per day, spent a total of $285 on food each day and targeted a 30% food cost?

The Haverstown theatre club is selling tickets for dinner and a show. They already have props and costumes, but they spend $142.50 on food. If they charge $9.50 for each ticket, how many tickets do they need to sell to cover their costs?

Question 10Not answeredMarked out of 2.50Flag questionTipsMCQConsumerWillingness to PayAnya$24Basil$20Celeste$15Dralon$12Esther$7The table above lists the highest prices five consumers are willing to pay for a theatre ticket. If the price of one ticket rises from $10 to $19, __________.Question 10Answera.only three tickets will be soldb.no one will buy a ticketc.consumer surplus decreases from $31 to $6d.consumer surplus increases from $44 to $71