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-The Figure Above Shows Sam's Budget Line

Question 29

Multiple Choice

-The figure above shows Sam's budget line. Which of the following formulas represents Sam's budget equation? A) $60.00 = $1.50/Q<sub>g</sub> + $3.00/Q<sub>c</sub> B) $60.00 = Q<sub>g</sub> /$1.50 + Q<sub>c</sub> /$3.00 C) $60.00 = $1.50(Q<sub>g</sub>) + $3.00(Q<sub>c</sub>) D) $60.00 = $1.50(Q<sub>g</sub>) - $3.00(Q<sub>c</sub>)
-The figure above shows Sam's budget line. Which of the following formulas represents Sam's budget equation?


A) $60.00 = $1.50/Qg + $3.00/Qc
B) $60.00 = Qg /$1.50 + Qc /$3.00
C) $60.00 = $1.50(Qg) + $3.00(Qc)
D) $60.00 = $1.50(Qg) - $3.00(Qc)

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