*Suppose you have a budget of 400 dollars for one month. You would like to buy some textbooks and CDs. The average cost of a book is 40 dollars each and that of a CD is 14 dollars each. Let x denote the number of books you buy and y denote the number of CDs that you buy. (a) Write the equation of your budget constraint in the form y=mx+b, where m and b are numbers to be determined. Answer: y= (b) If you decide to buy just one textbook, how many CDs can you afford? Enter the number of CDs as a whole number. Answer: I can buy CDs. Hint: HINT: For part (a), write the budget constaint in the form and then solve that equation for y. cx + dy = 400

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter9: Systems Of Linear Equations
Section9.5: Multiplication With The Addition-or-subtraction Method
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*Suppose you have a budget of 400 dollars for one month. You would like to buy some textbooks and CDs. The average cost of a book is 40 dollars each
and that of a CD is 14 dollars each. Let x denote the number of books you buy and y denote the number of CDs that you buy.
(a) Write the equation of your budget constraint in the form y=mx+b, where m and b are numbers to be determined.
Answer: y=
(b) If you decide to buy just one textbook, how many CDs can you afford? Enter the number of CDs as a whole number.
Answer: I can buy
CDs.
Hint:
HINT:
For part (a), write the budget constaint in the form
and then solve that equation for y.
cx + dy = 400
Transcribed Image Text:*Suppose you have a budget of 400 dollars for one month. You would like to buy some textbooks and CDs. The average cost of a book is 40 dollars each and that of a CD is 14 dollars each. Let x denote the number of books you buy and y denote the number of CDs that you buy. (a) Write the equation of your budget constraint in the form y=mx+b, where m and b are numbers to be determined. Answer: y= (b) If you decide to buy just one textbook, how many CDs can you afford? Enter the number of CDs as a whole number. Answer: I can buy CDs. Hint: HINT: For part (a), write the budget constaint in the form and then solve that equation for y. cx + dy = 400
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