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.
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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