Gari and Beans is a common delicacy among economics students at the FSSE. Assuming that the price of gari and beans in the market near the FES Block differs, sellers I charged the price of GHC 6 for the plate, sellers II charged GHC 8, sellers III charged GHC 10, sellers IV charged GHC 12, and sellers V charges GHC14. If Kofi, who has just returned from internship and is not aware of the prices in the market and decides to search, what is the expected lowest price for the gari and beans from one, two, three, four, and five searches.

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Gari and Beans is a common delicacy among economics students at the FSSE. Assuming that the
price of gari and beans in the market near the FES Block differs, sellers I charged the price of
GHC 6 for the plate, sellers II charged GHC 8, sellers III charged GHC 10, sellers IV charged

GHC 12, and sellers V charges GHC14. If Kofi, who has just returned from internship and is not
aware of the prices in the market and decides to search, what is the expected lowest price for the
gari and beans from one, two, three, four, and five searches.

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