Ms Katrina has eighteen hours available per day to allocate between Leisure and work. She has N$1000 non - labour income and her wage rate per hour is N$50.00.
a) Contract budget constraint equation
b) Draw a budget line and make sure to include intercepts [6 marks]
c) Calculate the slope of the budget line

-7/8

step-by-step explanation:

instead of subtracting you add the -6/8 and -1/8

loloo

step-by-step explanation:

lololool

step-by-step explanation:

we have

using a graphing tool

see the attached figure

this is a quadratic equation (vertical parabola) open up

the vertex is a > vertex

the domain of the function is all real > interval (-∞,∞)

the range of the function is the > [-6.125,∞)

the function has two x->   and

the function is increasing over the > (0.25,∞)

the function is decreasing over the > (-∞,0.25)

well if he bought them at 5 cedis each sold them at 7 cedis each then he would make a profit of 2 cedis of each book. if in total he made 150 cedis profit that means he sold 75 books. he lost 12 books at the start so that means he originally bought a total of 82 books.

step-by-step explanation: