Multiple Choice
Suppose Jillian will spend $250 on books per year,even if her income is zero.As her income rises,she will spend 8% of each additional dollar of income on books.Choose the correct mathematical equation that describes the functional relation between her spending on books (B) and her income (Y) .
A) Y = 250 - 0.02 Y
B) Y = 250 - 8Y
C) B = 250 + 0.08 Y
D) B = 250 + 0.02Y
E) B = 250 + 0.2Y
Correct Answer:
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