Tonya's Budget Constraint for Gallons of Gasoline (G)and Shirts (S)each

question 34

Multiple Choice

Tonya's budget constraint for gallons of gasoline (G) and shirts (S) each month can be expressed by the equation G = 100 - 2S,where G is the number of gallons of gasoline she buys and S is the total number of shirts she buys.Assume that she spends her entire budget each month.If the price of shirts is $10,the price of gasoline is _____ per gallon,and the total amount of income spent on both shirts and gasoline each month is _____.

• A)$5;$500
• B)$2;$100
• C)$1;$500
• D)$2;$1,000

---

Definitions:

P(A|B)

P(A|B) represents the conditional probability of event A occurring given that event B has occurred, showing the likelihood of A when B is known to happen.

Business Majors

Academic programs at universities or colleges that specialize in the study of business disciplines such as marketing, finance, and management.

Major In Accounting

An area of academic study focused on the principles and techniques for handling financial information and transactions.

Business Majors

Students enrolled in a collegiate business program focusing on studies related to finance, marketing, management, and other business disciplines.