Raymond B. answered 12/27/20
Math, microeconomics or criminal justice
Original price of hamburgers 90 cents
Original price of cola = 80 cents
Original price of fries = $1
90 + 100 + 80 = 270
New price of hamburgers = $1.08
New price of cola = $1.20
New price of fries = $1.10
H1= hamburger price last year
C1 = cola price last year
F1 = fries price last year
H2=hamburger price this year
C2 = cola price this year
F2 = fries price this year
H1 + F1 + C1 = 270
H2 + F2 + C2 = 338
C2= 1.5C1
H2 = 1.2H1
F2 = 1.1F1
C2 = 12 + H2
substitute values, subtract 338-270 = H2-H1 + F2-F1 + C2-C1
(5/6)H2 + (8/3)C2 = 410
H2 = (6/21)378 = 108
C2 = 120
H1 =H2/1.2 = 5/6(108) = 90 cents
C1 = C2/1.5 = 120/1.5 = 2/3(120) = 80 cents
F1 = F2/1.1 = 110/11 = $1