A secured credit is secured by something else. An example is that a home mortgage is secured by the home.
Answer:
d. backward sloping.
Step-by-step explanation:
The roommate receives a pay raise at her part-time job from $9 to $11 per hour and now decides to work 20 hours per week instead to 25 hours per week.
We can see that her rate is decreasing, so her labor supply curve is backward sloping or also called backward bending.
It is mostly found that worker's labor supply curve, slopes upward when they get lower wages and the curve bends backward when they get higher wages because a worker tends to work less when his wage rate rises.
The answer would be:
The x-intercept of the boundary line is (-3/2, 0).
The area below the line is shaded.
The slope of the line should be 2/3. The area below the line shaded because the function using y<.....
Coordinate 2,3 doesn't fulfill the function.
y < 2/3x + 1
3 < 2/3(2)+1
3< 4/3+1
3< 2.3 ---->false
X intercept is when the y variable is zero. If you put it to the equation
y = 2/3x + 1
0= 2/3x+1
2/3x= -1
x= -3/2
Answer:
Yes
Step-by-step explanation:
If you have any questions about the way I solved it,don't hesitate to ask
Glad to help
