Theo bought two hot dogs and two sodas for $4.00. at the same concession stand, vicky bought three hot dogs and a soda for $4.50. what is the price of a hot dog at the concession stand?

Answer this question only if you know the 30 points and

1. an economy consists of three workers: larry, moe, and curly. each works 10 hours a day and can produce two services: mowing lawns and washing cars. in an hour, larry can either mow one lawn or wash one car; moe can either mow one lawn or wash two cars; and curly can either mow two lawns or wash one car. a. calculate how much of each service is produced under the following circumstances: a. all three spend all their time mowing lawns. b. all three spend all their time washing cars. c. all three spend half their time on each activity d. larry spends half of his time on each activity, while moe only washes cars and curly only mows lawns b. using your answers to part a, draw a production possibilities frontier and label points a, b, c, and d on your graph. explain why the production possibilities frontier has the shape it does. c. are any of the allocations calculated in part a inefficient? explain.

Consider the following function. which of the following graphs corresponds to the given function? w. x. y. z. a. z b. y c. x d.