If Sam Has $80

question 173

Multiple Choice

If Sam has $80.00 each week to spend on tacos and magazines, and their respective prices are $.50 per taco and $4.00 per magazine, which of the following equations represents his budget line?

• A) $80.00 = $.50/Q_t + $4.00/Q_m
• B) $80.00 = Q_t/Q_m + $.50 /$4.00
• C) $80.00 = $.50(Q_m) + $4.00(Q_t)
• D) $80.00 = $.50(Q_t) + $4.00(Q_m)

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