Jack spends all his income of $60 on apples and bananas. Apples cost $1 each and...

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Jack spends all his income of $60 on apples and bananas. Apples cost $1 each and bananas cost $2 each. His budget line is defined as all the combinations of apples and bananas satisfying the equation a+2b-60 where a denotes the number of apples and b is the number of bananas. i. Rewrite the equation of Jack's budget line in the form b=-v+m-a, where v is the vertical intercept and m is the slope. ii. What is the horizontal intercept of Jack's budget line? iii. Plot Jack's budget line in a diagram measuring the number of apples on the horizontal axis and the number of bananas on the vertical axis. Jack spends all his income of $60 on apples and bananas. Apples cost $1 each and bananas cost $2 each. His budget line is defined as all the combinations of apples and bananas satisfying the equation a+2b-60 where a denotes the number of apples and b is the number of bananas. i. Rewrite the equation of Jack's budget line in the form b=-v+m-a, where v is the vertical intercept and m is the slope. ii. What is the horizontal intercept of Jack's budget line? iii. Plot Jack's budget line in a diagram measuring the number of apples on the horizontal axis and the number of bananas on the vertical axis.