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Suppose each good costs $5 per unit and Megan holds $40. What is the real value of the money she holds?

Suppose each good costs $5 per unit and Megan holds $40. What is the real value of the money she holds?
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1 vote
Suppose each good costs $5 per unit and Megan holds $40. What is the real value of the money she holds?

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User Kvasi
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1 Answer

7 votes
I would guess $8, since 40/5=8. But I'm not 100% sure.
answered
User Tytyryty
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8.2k points
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