What Is the Horizontal Intercept of the Budget Line,given That

question 74

Multiple Choice

What is the horizontal intercept of the budget line,given that M = $1,000,P_X = $50,and P_Y = $40?

• A) 2000.0
• B) 20.0
• C) 25.0
• D) 11.11

---

Definitions:

Dissipation Rate

The rate at which an economic benefit is eroded or diminished over time, often used in environmental economics and resource management.

Accumulated Stock

The total amount of a particular item or asset gathered or amassed over a period.

Stock Dissipation Rate

The rate at which a stock or resource is used up or depleted over time.

Greenhouse Gases

Gases in Earth's atmosphere that trap heat, leading to the greenhouse effect and global warming.