Nancy Has $100 to Spend on Books and Compact Disks

question 35

Multiple Choice

Nancy has $100 to spend on books and compact disks.Books cost $10 and compact disks cost $20.The slope of Nancy's budget constraint (where the quantity of books is on the horizontal axis) is:

• A) -0.5.
• B) -2.
• C) -5.
• D) -10.
• E) none of the above.

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Definitions:

Adequate

Adequate describes a condition or quality of being sufficient, acceptable, or satisfactory for a specific requirement or purpose.

Explanandum

The phenomenon or event that is to be explained in a scientific inquiry.

Uninformative

Providing no useful or relevant information.

Implausible

Not seeming reasonable or probable; failing to convince.