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Tonya, Who Is Wealth, and Jerome, Who Is Not, Both

Question 24

Multiple Choice

Tonya, who is wealth, and Jerome, who is not, both buy orange juice and croissants for lunch at the student cafeteria. Their budget lines are drawn with orange juice on the vertical axis and croissants on the horizontal axis. Choose the correct statement.


A) Both of these budget lines have the same y-axis intercepts.
B) Both of these budget lines have the same x-axis intercepts.
C) Both of these budget lines have the same slopes.
D) Both of these budget lines have the same y-axis intercepts and x-axis intercepts.
E) These budget lines have different slopes, different x-axis intercepts, and different y-axis intercepts.

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