Suppose John Is Planning to Join a Sports Club $y = 900 - 5 x$

question 79

Multiple Choice

Suppose John is planning to join a sports club. Membership in the club will allow John to swim at the pool for half price. Normally swimming for an hour would cost $10. If John has an income of $1000, the club membership fee is $100, and we plot the number of visits to the pool on the horizontal axis and a composite "other goods" which have a price of $1 on the vertical axis, the equation of John's budget line after joining the club, where the composite good, y, is on the vertical axis and pool visits, x, are measured on the horizontal axis is:

• A) \(y = 900 - 5 x\)
• B) \(y = 1000 - 5 x\)
• C) \(y = 1000 - 10 x\)
• D) \(y = 900 - 10 x\)

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Definitions:

Fill Color

A graphical attribute that assigns a color to the interior of a shape, cell, or area in a digital document or interface.

Multilevel Sort

A process of organizing data in a hierarchy, sorting items on primary, secondary, and further levels.

Worksheet Data

Information or content entered into the cells of a worksheet in spreadsheet software.

Single-Column Ascending

Refers to a sorting method where data in a single column is arranged from lowest to highest value.