Bill consumes two goods,iced tea and spaghetti.The price of iced tea is $4 per bottle,and the price of spaghetti is $6 per serving.His income is $1,000 per month.He spends all his income each month.He purchases 100 bottles of iced tea.How many servings of spaghetti can he purchase?
A) 250
B) 166.67
C) 100
D) 10

Question

Quizplus · Accepted Answer

To find out how many servings of spaghetti Bill can purchase, we need to calculate his monthly expenditure on iced tea and subtract that from his total income, and then divide the remaining amount by the price of spaghetti.

Bill's monthly expenditure on iced tea = 100 bottles x $4 per bottle = $400
His total income = $1000 
His remaining income after buying iced tea = $1000 - $400 = $600

Dividing the remaining income by the price of spaghetti gives:

Number of servings of spaghetti = $600 ÷ $6 per serving = 100 servings

Therefore, the answer is C) 100.

Bill Consumes Two Goods,iced Tea and Spaghetti