-The Table Above Has Different Combinations of Hamburgers and Hot

question 84

Essay

$$\begin{array} { c c c } \text { Possibility } & \begin{array} { c } \text { Hamburgers } \\\text { (per day) }\end{array} & \begin{array} { c } \text { Hot dogs } \\\text { (per day) }\end{array} \\\hline \text { A } & 0 & 8 \\\text { B } & 1 & 6 \\\text { C } & 2 & 4 \\\text { D } & 3 & 2 \\\text { E } & 4 & 0 \\\hline\end{array}$$
-The table above has different combinations of hamburgers and hot dogs that Alex can buy.After labeling the axes,graph Alex's budget line in the figure,putting hot dogs on the x-axis.

a.Alex's income is $8 per day.What is the price of a hot dog? Of a hamburger?
b.What is the slope of the budget line?

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Definitions:

Expenditure Programs

Government policies focused on spending in specific areas such as health, education, and infrastructure to promote economic growth and welfare.

National Defense

Governmental and military activities aimed at protecting a country and its citizens from external threats and ensuring national security.

Efficiency

The optimal allocation of resources to maximize the production of goods and services.

Equity

The value of an asset after deducting what is owed on it, or the ownership interest in a company as held by shareholders.