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Consider Helen who has $500 to spend on sweaters and pants for the year. She knows that sweaters cost $40 per sweater and she knows

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Consider Helen who has $500 to spend on sweaters and pants for the year. She knows that sweaters cost $40 per sweater and she knows that the maximum number of pants she can afford to buy if she only purchases pants is 4 pairs. Given this information how many of the following statements are true? The price of a pair of pants is $125. *Helen can afford to purchase 2 pairs of pants and six sweaters. *The slope of Helen's budget line is (-12.5/4) if sweaters are measured on the vertical axis. *If the price of sweaters decreases to $25 per sweater, then the slope of Helen's budget line is (-5) if sweaters are measured on the vertical axis. O Four statements are true. O Three statements are true. O One statement is true. O Two statements are true

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