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Suppose you own a courier service and you use two types of delivery vehicles long dash - Model A, which costs $30 000 to purchase,
Suppose you own a courier service and you use two types of
delivery vehicles long dash - Model A, which costs $30 000 to purchase, and
Model B, which costs $50 000 to purchase. You have a budget of
$300 000 for the purchase of new vehicles. If you were to draw a budget line to illustrate the choice between Model A and Model B vehicles, with A on the vertical axis and B on the horizontal axis, the vertical intercept and the horizontal intercept, respectively, would be
A. 10 and 6
B. 0 and 0
C. 6 and 6
D. 10 and 10
E. 0 and 10
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