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Which statement describes the term economics? a. it is the study of using limited resources to fulfill wants and needs. b. it is the study of how governments fulfill the wants and needs of nations. c. it is the study of how people spend their money to fulfill wants and needs.

Paco orders an ice cream for $1, but realizes his wallet is at home and he only has 3/20 of $1 with him. if his mom pays the remaining 7/20 of the dollar, how much will she pay? $0.05 $0.15 $0.85 $0.95

Cherie works in retail and her weekly salary includes commission for the amount she sells. the equation s=400+0.15c models the relation between her weekly salary, s, in dollars and the amount of her sales, c, in dollars. interpret the slope of the equation.