Question

Faruq spends all of his income on tacos and milkshakes. his income is $100, the price of tacos is $10, and the price of milkshakes is $2. put tacos on the horizontal axis and milkshakes on the vertical axis. the horizontal intercept for faruq's budget line is _____ tacos.

Answer 1

100=10t+2m and we want this in the form m(t) so...

2m=100-10t

m(t)=50-5t

The horizontal intercept occurs when m(t)=0

50=5t

t=10 (this intercept just expresses the maximum number of tacos that Faruq can purchase...)