A Family on a Trip Budgets $200 for Restaurant Meals

question 33

Multiple Choice

A family on a trip budgets $200 for restaurant meals and fast food.If the price of a fast-food meal for the whole family is $20, what is the horizontal intercept of the budget line when fast food is measured on the horizontal axis?

• A)100
• B)10
• C)20
• D)400
• E)it is impossible to tell from the information given

---

Definitions:

Hybrid Rule Making

A type of rule making that combines features of both formal and informal rule making; consists of publication in the Federal Register, a written-comment period, and an informal public hearing with restricted cross-examination.

Enabling Legislation

A statute that specifies the name, functions, and specific powers of an administrative agency and grants the agency broad powers for the purpose of serving the “public interest, convenience, and necessity.”

Accounting Commission

A regulatory or advisory body focused on setting and enforcing accounting standards and practices.

Investigative Authority

The legal power or mandate given to an individual or organization to conduct investigations, often related to law enforcement or regulatory compliance.