Clancy is buying pizza and salad for a company lunch. Suppose that a slice of pizza costs $4.00, and a bowl of salad costs $5.00. Let E be the amount in dollars that Clancy spends on pizza and salad. If Clancy buys P slices of pizza and S bowls of salad, then the total amount of money he spends (E) can be represented by the equation Now rearrange the equation you wrote above so that S is written in terms of E and P. The quantity of salad he buys can be represented by the equation Suppose Clancy has $40.00 to spend on pizza and salad; that is, E = $40.00. Complete the following table with the values of P or S that make the equation true. Hint: To complete the first row, determine the number of salad bowls Clancy can purchase with $40.00, when the number of pizza slices he purchases is 0. Pizza Salad Budget (Dollars) (Slices) (Bowls) 40.00 0 40.00 5 40.00 Use the black line (plus symbols) to plot the line illustrating the combinations of pizza and salad that Clancy can purchase with a budget of $40.00. SALAD (Bowls) 2 12 10 2 4 8 PIZZA (Slices) 10 14 Initial Budget 10 New Budget Now suppose Clancy's Income is cut in half: That is, he has 50% less money to spend than he did before. On the previous graph, use the blue line (circle symbols) to plot Clancy's new budget constraint. Which of the following statements best summarizes the pattern of causality captured by the graph above? Check all that apply. The relationship between P and S is not a causal relationship. A change in S causes a change in P. A change in P causes a change in S. A change in E causes a shift of the budget constraint.

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10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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Clancy is buying pizza and salad for a company lunch. Suppose that a slice of pizza costs $4.00, and a bowl of salad costs $5.00.
Let E be the amount in dollars that Clancy spends on pizza and salad. If Clancy buys P slices of pizza and S bowls of salad, then the total amount of
money he spends (E) can be represented by the equation
Now rearrange the equation you wrote above so that S is written in terms of E and P. The quantity of salad he buys can be represented by the
equation
Suppose Clancy has $40.00 to spend on pizza and salad; that is, E = $40.00.
Complete the following table with the values of P or S that make the equation true.
Hint: To complete the first row, determine the number of salad bowls Clancy can purchase with $40.00, when the number of pizza slices he purchases
is 0.
Pizza
Budget
Salad
(Dollars) (Slices) (Bowls)
40.00
0
40.00
40.00
(spog) OVTVS
Use the black line (plus symbols) to plot the line illustrating the combinations of pizza and salad that Clancy can purchase with a budget of $40.00.
14
12
10
8
2
0
St
0
5
+
2
0
+
4
6
PIZZA (Slices)
10
+
12
14
Initial Budget
New Budget
Now suppose Clancy's income is cut in half: That is, he has 50% less money to spend than he did before.
On the previous graph, use the blue line (circle symbols) to plot Clancy's new budget constraint.
The relationship between P and S is not a causal relationship.
A change in S causes a change in P.
A change in P causes a change in S.
A change in E causes a shift of the budget constraint.
Which of the following statements best summarizes the pattern of causality captured by the graph above? Check all that apply.
Transcribed Image Text:Clancy is buying pizza and salad for a company lunch. Suppose that a slice of pizza costs $4.00, and a bowl of salad costs $5.00. Let E be the amount in dollars that Clancy spends on pizza and salad. If Clancy buys P slices of pizza and S bowls of salad, then the total amount of money he spends (E) can be represented by the equation Now rearrange the equation you wrote above so that S is written in terms of E and P. The quantity of salad he buys can be represented by the equation Suppose Clancy has $40.00 to spend on pizza and salad; that is, E = $40.00. Complete the following table with the values of P or S that make the equation true. Hint: To complete the first row, determine the number of salad bowls Clancy can purchase with $40.00, when the number of pizza slices he purchases is 0. Pizza Budget Salad (Dollars) (Slices) (Bowls) 40.00 0 40.00 40.00 (spog) OVTVS Use the black line (plus symbols) to plot the line illustrating the combinations of pizza and salad that Clancy can purchase with a budget of $40.00. 14 12 10 8 2 0 St 0 5 + 2 0 + 4 6 PIZZA (Slices) 10 + 12 14 Initial Budget New Budget Now suppose Clancy's income is cut in half: That is, he has 50% less money to spend than he did before. On the previous graph, use the blue line (circle symbols) to plot Clancy's new budget constraint. The relationship between P and S is not a causal relationship. A change in S causes a change in P. A change in P causes a change in S. A change in E causes a shift of the budget constraint. Which of the following statements best summarizes the pattern of causality captured by the graph above? Check all that apply.
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