B is the answer .........
<span>The fact that Helen’s indifference curves touch the axes should immediately make you want to check for a corner point solution. To see the corner point optimum algebraically, notice if there was an interior solution, the tangency condition implies (S + 10)/(C +10) = 3, or S = 3C + 20. Combining this with the budget constraint, 9C + 3S = 30, we find that the optimal number of CDs would be given by 3018â’=Cwhich implies a negative number of CDs. Since it’s impossible to purchase a negative amount of something, our assumption that there was an interior solution must be false. Instead, the optimum will consist of C = 0 and Helen spending all her income on sandwiches: S = 10. Graphically, the corner optimum is reflected in the fact that the slope of the budget line is steeper than that of the indifference curve, even when C = 0. Specifically, note that at (C, S) = (0, 10) we have P C / P S = 3 > MRS C,S = 2. Thus, even at the corner point, the marginal utility per dollar spent on CDs is lower than on sandwiches. However, since she is already at a corner point with C = 0, she cannot give up any more CDs. Therefore the best Helen can do is to spend all her income on sandwiches: ( C , S ) = (0, 10). [Note: At the other corner with S = 0 and C = 3.3, P C / P S = 3 > MRS C,S = 0.75. Thus, Helen would prefer to buy more sandwiches and less CDs, which is of course entirely feasible at this corner point. Thus the S = 0 corner cannot be an optimum]</span>
Answer:
5/2
Step-by-step explanation:
<u>Rise</u> = <u>5</u>
Run 2
Now, with that, our y intercept is -6 because the line hits the y axis at -6 units. Then, we can setup our own equation for y=
and that is y=5/2 x -6
Then I have attached a graph below to certify my answer.
Y= -1/3x +5
5 is the y-intercept (where the line touches the y-axis) and -1/3 is the slope (rise over run, but since its negative, you go down 1, over 3 to the right) Hope this helps!!!
It’s Five billion one hundred eighty seven million seven hundred . :)
