Write an Equation of the Line Through the Given Point $$( 5,3 ) ; m = - \frac { 3 } { 8 }$$

question 159

Multiple Choice

Write an equation of the line through the given point with the given slope. Write the equation in slope-intercept form.
- $$( 5,3 ) ; m = - \frac { 3 } { 8 }$$

• A) \(y = - \frac { 8 } { 3 } x - \frac { 8 } { 39 }\)
• B) \(y = - \frac { 3 } { 8 } x + \frac { 8 } { 39 }\)
• C) \(y = - \frac { 3 } { 8 } x + \frac { 39 } { 8 }\)
• D) \(y = - \frac { 3 } { 8 } x - \frac { 39 } { 8 }\)

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Definitions:

Asymmetric Information

A situation where one party to a market transaction has much more information about a product or service than the other. The result may be an under- or overallocation of resources.

Inefficient Outcomes

Situations where resources are not allocated optimally, resulting in potential losses in economic welfare.

Allocative Efficiency

A state of resource allocation where it is impossible to make any one individual better off without making someone else worse off, often achieved when marginal cost equals marginal benefit.

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A financial statement presenting the government's projected revenue and spending for a specific fiscal period, outlining planned financial operations and priorities.