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.What is the price of a regular coffee in this example?
A)$0.80
B)$1.25
C)$2.00
D)$5.00
E)$8.00

Question

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.What is the price of a regular coffee in this example?
A)$0.80 
B)$1.25 
C)$2.00 
D)$5.00 
E)$8.00

Quizplus · Accepted Answer

The price of a regular coffee in this example is $1.25 as it is the only common price point between the regular and flavored coffees. 
The best choice(s) would depend on Madeleine's preferences and budget constraints. However, assuming she wants to maximize the number of coffees she can purchase within her $100 budget, the best choice would be to purchase the regular coffee every day for a cost of $1.25, as it is the cheapest option. This would allow her to purchase a total of 80 regular coffees in a month, which would use up her entire $100 budget.

Madeleine Allows Herself $100 Per Month for Purchasing Coffee