In the Problem Below, State Whether the Described Change Gives

question 57

Multiple Choice

In the problem below, state whether the described change gives a parallel line or a steeper line and write the new equation. The total monthly cost, in dollars, of a loan is C = 0.01x + 3, where x is the number of dollars borrowed and 3 is the current service fee. The service fee rises by 9 dollars.

• A) steeper; C = 9.01x + 3
• B) parallel; C = 0.01x + 9
• C) steeper; C = 0.01x + 12
• D) parallel; C = 9.01x + 3
• E) parallel; C = 0.01x + 12

---

Definitions:

Funds

Resources in the form of money available for transactions or investments.

Free Bus Rides

A policy or situation where public transportation buses are provided to passengers without any charge.

Deregulation

The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry.

Regulatory Capture

A situation where regulatory agencies are dominated by the industries or interests they are charged with regulating, often leading to decision-making that benefits the industry at the expense of the public interest.