Determine Whether the Two Given Lines Are Parallel, Perpendicular, or Neither

question 37

Multiple Choice

Determine whether the two given lines are parallel, perpendicular, or neither.
-

• A) parallel
• B) perpendicular
• C) neither

---

Definitions:

Total Utility

The total satisfaction received from consuming a particular quantity of a good or service.

Budget Line

A graphical representation of all possible combinations of two goods that a consumer can purchase with a given income and prices of the goods.

Money Income

This term describes the total earnings received by an individual or household, including wages, salaries, and other forms of monetary income.

Substitution Effect

A phenomenon where consumers replace a more expensive item with a cheaper alternative when the price rises.