Part $1(2$ points$)$

Joe is a patient person with a lot of time on his hands, and he offers a service where he will wait in line for money. Some people are always in a hurry, and they pay Joe $$10\mathrm{.}00$ per hour to wait in line for them for things like tickets to the best concerts or new product launches.

Joe enjoys souvlaki, and he spends all the money he earns waiting in line on souvlakis, which cost $$20\mathrm{.}00$ each. He has no other income.

If Joe spends $0$ hours waiting in line, how much souvlaki can he buy?

If Joe spends $8$ hours waiting in line, how much souvlaki can he buy?

Part $2(3$ points$)$

Let's write an equation for Joe's budget line. We can use the standard form, $p_1{x}_1+p_2{x}_2=m,$ with some adjustments.

Let $x_1$ represent hours waiting in line and let $x_2$ represent souvlaki. Joe has no outside income, and hours waiting in line are what economists call a "bad," which is why Joe is paid to wait for other people. The price of waiting is therefore a negative price, equal to $-$$$10\mathrm{.}00.$

Complete Joe's budget equation in the standard form:

$x_1+,x_2=$