(Scenario: Music Downloads and Streamed Movies)Read the scenario Music Downloads and Streamed Movies.Which of the following equations expresses Phillip's budget line? Scenario: Music Downloads and Streamed Movies
Phillip has an income of $300 per month,which he uses to purchase music downloads (MD)and streamed movies (SM).Each music download costs $1 and each streamed movie costs $5.
A)300 = 1MD + 5SM
B)SM = 300 - 1X
C)300 = 1 / MD + 5 / SM
D)SM = 300 + 5SM

Question

Quizplus · Accepted Answer

The correct equation that expresses Phillip's budget line is A) 300 = 1MD + 5SM, as it correctly represents the total amount Phillip can spend ($300) on music downloads and streamed movies, with their respective costs ($1 per music download and $5 per streamed movie).

(Scenario: Music Downloads and Streamed Movies)Read the Scenario Music Downloads