Top Posters
Since Sunday
w
5
a
3
j
2
a
2
t
2
u
2
r
2
j
2
j
2
l
2
d
2
y
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Ryan37sport Ryan37sport
wrote...
Go to Answer
Posts: 152
Rep: 0 0
2 years ago
Suppose Jillian will spend $250 on books per year, even if her income is zero. As her income rises, she will spend 8% of each additional dollar of income on books. Choose the correct mathematical equation that describes the functional relation between her spending on books (B) and her income (Y).

▸ Y = 250 - 8Y

▸ B = 250 + 0.08 Y

▸ B = 250 + 0.02Y

▸ Y = 250 - 0.02 Y

▸ B = 250 + 0.2Y
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
Read 43 times
1 Reply
Replies
Answer verified by a subject expert
jd1044jd1044
wrote...
#1
Posts: 133
Rep: 0 0
2 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Ryan37sport Author
wrote...

2 years ago
Correct Slight Smile TY
mambah4
wrote...

Yesterday
Brilliant ツ
MLynneMcMillan
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1481 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 88
  
 955
  
 329
Your Opinion
Who will win the 2024 president election?
Votes: 119
Closes: November 4
Previous poll results: What's your favorite funny biology word?