Question

First, pretend I gave you fifteen dollars to purchase food (in this pretend world there is...

First, pretend I gave you fifteen dollars to purchase food (in this pretend world there is no such thing as taxes). Go to a fast food restaurant, look at the menu, and see how much you can purchase (I am not encouraging you to buy anything and I hope you will not). Your items should include something to eat and something to drink. Make a list of everything you could buy. You must use as much of the money as possible (at least $14). Then, go to a grocery store and see how much you can purchase for the same fifteen dollars (again, I am not encouraging you to buy anything and you do not need to buy anything to complete this assignment). Again, make a list of everything you could buy and use as much of the money as possible. For comparative purposes, the end meals should be as similar as possible.

Homework Answers

Answer #1

The list of items that can be bought using $15 are as follows:

Specifications Fast Food Grocery Store
10-Chicken McNugetts = $4.49 Milk, 1 gallon = $1.85
Grande Mocha Frappuccino = $4.56 Unsalted butter, 16 oz = $2.56
Chicken Sandwich Combo = $5.95 Ground beef 80/20, 1 lb = $2.79
Ground coffee, 11.5-12 oz.= $3.79
Diced tomatoes, 14.5 oz. = $0.35
Apple juice, 64 fl oz. = $1.09
Boneless chicken breast, 1 lb. = $1.89
Total Expenditure 4.49+4.56+5.95 = $15 1.85+2.56+2.79+3.79+0.35+1.09+1.89 = 14.32

This experiment shows that buying things from Grocery store and cooking is cheaper than that of buying food items from Fast food restaurant.  

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