Given the following data,what is the distance from the origin to the point where the total expenditures (TE)curve cuts the vertical axis?
C = $4,200 + 0.90Yd
I = $1,820
G = $970

A) $2,790
B) $4,290
C) $6,990
D) $5,170
E) $390

Question

Given the following data,what is the distance from the origin to the point where the total expenditures (TE)curve cuts the vertical axis? ​
C = $4,200 + 0.90Yd
I = $1,820
G = $970
​
A) $2,790
B) $4,290
C) $6,990
D) $5,170
E) $390

Quizplus · Accepted Answer

To find the point where the TE curve intersects the vertical axis (i.e. where Yd=0), we need to find the value of C.

C = $4,200 + 0.90(0) + $1,820 + $970
C = $7,990

The distance from the origin to this point is given by the square root of the sum of the squares of C, I, and G:

sqrt($7,990^2 + $1,820^2 + $970^2) = $6,990

Therefore, the correct answer is C.

Given the Following Data,what Is the Distance from the Origin