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Every Friday night, Gustavo pays $39

Accounting Dec 08, 2020

Every Friday night, Gustavo pays $39.99 to eat nothing but crab legs at the all-you-can-eat seafood buffet at the M Resort in Las Vegas. On average, he consumes 40 crab legs each Friday. The average cost of each crab leg to Gustavo is what?

Expert Solution

Gustavo is paying $39.99 to eat an average of 40 crab legs every Friday night. That means he is paying $39.99/40 = $0.99975 or about $1 per crab leg. So, the average cost of each crab leg to Gustavo is about $1.

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