Using the line drawing tool, sketch the budget constraint when the price of x is $20, the price of y is $50, and income equals $1 comma 000. label this line 'bc'. note: carefully follow the instructions above and only draw the required object.

Check the graph below to see the Budget constraint (1,000)

Step-by-step explanation:

To answer this question firstly we have to label this value $1,000, as our budget constraint. It means our budget cannot be surpassed.

Let's work with this equation x+y=1000. Rewrite into this form y=1000-x then graph it, like a regular linear function.

The Budget line represents graphically all the combinations x+y=1,000. The range shows us all values y∈ [0, 1000] and  the domain are the values such as 0 ≤x≤1000. Each point over the Budget line represents a possible combination such as x+y=100.

x  |  y | x+y

50(20) =1000 | 0 | 1000

200  | 800 | 1000

10x+8y

(...)

rick has $1400 and sally has $1500

step-by-step explanation:

to find amount of money rick has after 10 years :

principal = $1000 , time = 10 years , rate = 4% annually

to find amount of money sally has after 10 years :

her friend gives to pay her $50 per year, therefore money she has after 10 years = 50 × 10 = $500

also, sally gets $1000 after 10 years,

therefore, total amount of money sally has after 10 years = 500 + 1000 = $1500

so, after 10 years : rick has $1400 and sally has $1500

answer: 5

step-by-step explanation: