-Waldo Buys Only Two Items, Pretzels and Ham Sandwiches

Multiple Choice

-Waldo buys only two items, pretzels and ham sandwiches. Waldo has $24 in income, pretzels cost $0.60 per bag and ham sandwiches cost $2.40 each. If Waldo's budget line is constructed with ham sandwiches along the horizontal axis and bags of pretzels along the vertical axis, then

A) the horizontal intercept of the budget line will be 40 ham sandwiches.
B) the vertical intercept of the budget line will be 10 bags of pretzels.
C) the slope of the budget line will be -4 bags of pretzels per ham sandwich.
D) All of the above answers are correct.