,DOWNLOADm.THEm.Testm.Bankm.form.Economicsm.22ndm.Editionm.McConnell
Economics 22nd Edition by McConnell CH01
m. m. m. m. m.
ANSWERSm.AREm.LOCATEDm.INm.THEm.SECONDm.PARTm.OFm.THISm.DOCUMEN
T
MULTIPLEm.CHOICEm.-
m.Choosem.them.onem.alternativem.thatm.bestm.completesm.them.statementm.orm.answersm.them.quest
ion.
1)
Referm.tom.them.budgetm.linem.shownm.inm.them.diagram.m.Ifm.them.consumer'sm.moneym.incomem.ism.$
100,m.the
1) m.
A) pricesm.ofm.Cm.andm.Dm.cannotm.bem.determined.
B) pricem.ofm.Cm.ism.$5m.andm.them.pricem.ofm.Dm.ism.$10.
C) consumerm.canm.obtainm.am.combinationm.ofm.5m.unitsm.ofm.bothm.Cm.andm.D.
D) pricem.ofm.Cm.ism.$20m.andm.them.pricem.ofm.Dm.ism.$10.
Questionm.Details
AACSBm.:m.Reflectivem.Thinkingm.Acc
essibilitym.:m.Keyboardm.Navigationm.Te
stm.Bankm.:m.I
Bloom'sm.:m.Understandm.
Difficultym.:m.02m.Medium
Learningm.Objectivem.:m.01-04m.Explainm.them.individualsm.economizingm.problemm.andm.illustrate m.trade-
offs,m.oppm.Topicm.:m.Individualsm.Economizingm.Problem
Accessibilitym.:m.Screenm.Readerm.Compatible
Versionm. 1
1 mynursytest.store
,DOWNLOADm.THEm.Testm.Bankm.form.Economicsm.22ndm.Editionm.McConnell
Economics 22nd Edition by McConnell CH01
m. m. m. m. m.
2)
Supposem.youm.havem.am.moneym.incomem.ofm.$20,m.allm.ofm.whichm.youm.spendm.onm.Cokem.andm.pop
corn.m.Inm.them.diagram,m.them.pricesm.ofm.Cokem.andm.popcorn,m.respectively,m.are
2) m.
A) $1.00m.andm.$2.00.
B) $2.00m.andm.$1.00.
C) $2.00m.andm.$4.00.
D) $1.00m.andm.$0.50.
Questionm.Details
AACSBm.:m.Reflectivem.Thinkingm.Acc
essibilitym.:m.Keyboardm.Navigationm.Te
stm.Bankm.:m.I
Bloom'sm.:m.Understandm.
Difficultym.:m.02m.Medium
Learningm.Objectivem.:m.01-04m.Explainm.them.individualsm.economizingm.problemm.andm.illustrate m.trade-
offs,m.oppm.Topicm.:m.Individualsm.Economizingm.Problem
Accessibilitym.:m.Screenm.Readerm.Compatible
3) Assumem.them.pricem.ofm.productm.Ym.(them.quantitym.ofm.whichm.ism.onm.them.verticalm.axis
)m.ism.$10m.andm.them.pricem.ofm.productm.Xm.(them.quantitym.ofm.whichm.ism.onm.them.horizontalm.a
xis)m.ism.$5.m.Alsom.assumem.thatm.moneym.incomem.ism.$30.m.Them.absolutem.valuem.ofm.them.slop
em.ofm.them.resultingm.budgetm.linem.is
3)m.
Versionm. 2
1 mynursytest.store
, DOWNLOADm.THEm.Testm.Bankm.form.Economicsm.22ndm.Editionm.McConnell
Economics 22nd Edition by McConnell CH01
m. m. m. m. m.
A) 2.
B) 1/2.
C) 3.
D) 6.
Questionm.Details
AACSBm.:m.Reflectivem.Thinkingm.Acc
essibilitym.:m.Keyboardm.Navigationm.Te
stm.Bankm.:m.I
Difficultym.:m.02m.Medium
Learningm.Objectivem.:m.01-04m.Explainm.them.individualsm.economizingm.problemm.andm.illustrate m.trade-
offs,m.oppm.Topicm.:m.Individualsm.Economizingm.Problem
Accessibilitym.:m.Screenm.Readerm.Compati
blem.Bloom'sm.:m.Analyze
4) Supposem.thatm.Juliam.receivesm.am.$40m.giftm.cardm.form.them.localm.coffeem.shop,m.wherem.sh
em.onlym.buysm.lattesm.andm.muffins.m.Ifm.them.pricem.ofm.am.lattem.ism.$4m.andm.them.pricem.ofm.am.muf
finm.ism.$2,m.thenm.wem.canm.concludem.thatm.Julia
4)m.
A) shouldm.onlym.buym.muffins.
B) shouldm.onlym.buym.lattes.
C) canm.buym.10m.lattesm.orm.20m.muffinsm.ifm.shem.choosesm.tom.buym.onlym.onem.ofm.them.two
m.goods.
D) canm.buym.10m.lattesm.andm.20m.muffinsm.withm.herm.$40m.giftm.card.
Questionm.Details
AACSBm.:m.Reflectivem.Thinkingm.Acc
essibilitym.:m.Keyboardm.Navigationm.Te
stm.Bankm.:m.I
Bloom'sm.:m.Understandm.
Difficultym.:m.02m.Medium
Learningm.Objectivem.:m.01-04m.Explainm.them.individualsm.economizingm.problemm.andm.illustrate m.trade-
offs,m.oppm.Topicm.:m.Individualsm.Economizingm.Problem
Accessibilitym.:m.Screenm.Readerm.Compatible
Versionm. 3
1 mynursytest.store
Economics 22nd Edition by McConnell CH01
m. m. m. m. m.
ANSWERSm.AREm.LOCATEDm.INm.THEm.SECONDm.PARTm.OFm.THISm.DOCUMEN
T
MULTIPLEm.CHOICEm.-
m.Choosem.them.onem.alternativem.thatm.bestm.completesm.them.statementm.orm.answersm.them.quest
ion.
1)
Referm.tom.them.budgetm.linem.shownm.inm.them.diagram.m.Ifm.them.consumer'sm.moneym.incomem.ism.$
100,m.the
1) m.
A) pricesm.ofm.Cm.andm.Dm.cannotm.bem.determined.
B) pricem.ofm.Cm.ism.$5m.andm.them.pricem.ofm.Dm.ism.$10.
C) consumerm.canm.obtainm.am.combinationm.ofm.5m.unitsm.ofm.bothm.Cm.andm.D.
D) pricem.ofm.Cm.ism.$20m.andm.them.pricem.ofm.Dm.ism.$10.
Questionm.Details
AACSBm.:m.Reflectivem.Thinkingm.Acc
essibilitym.:m.Keyboardm.Navigationm.Te
stm.Bankm.:m.I
Bloom'sm.:m.Understandm.
Difficultym.:m.02m.Medium
Learningm.Objectivem.:m.01-04m.Explainm.them.individualsm.economizingm.problemm.andm.illustrate m.trade-
offs,m.oppm.Topicm.:m.Individualsm.Economizingm.Problem
Accessibilitym.:m.Screenm.Readerm.Compatible
Versionm. 1
1 mynursytest.store
,DOWNLOADm.THEm.Testm.Bankm.form.Economicsm.22ndm.Editionm.McConnell
Economics 22nd Edition by McConnell CH01
m. m. m. m. m.
2)
Supposem.youm.havem.am.moneym.incomem.ofm.$20,m.allm.ofm.whichm.youm.spendm.onm.Cokem.andm.pop
corn.m.Inm.them.diagram,m.them.pricesm.ofm.Cokem.andm.popcorn,m.respectively,m.are
2) m.
A) $1.00m.andm.$2.00.
B) $2.00m.andm.$1.00.
C) $2.00m.andm.$4.00.
D) $1.00m.andm.$0.50.
Questionm.Details
AACSBm.:m.Reflectivem.Thinkingm.Acc
essibilitym.:m.Keyboardm.Navigationm.Te
stm.Bankm.:m.I
Bloom'sm.:m.Understandm.
Difficultym.:m.02m.Medium
Learningm.Objectivem.:m.01-04m.Explainm.them.individualsm.economizingm.problemm.andm.illustrate m.trade-
offs,m.oppm.Topicm.:m.Individualsm.Economizingm.Problem
Accessibilitym.:m.Screenm.Readerm.Compatible
3) Assumem.them.pricem.ofm.productm.Ym.(them.quantitym.ofm.whichm.ism.onm.them.verticalm.axis
)m.ism.$10m.andm.them.pricem.ofm.productm.Xm.(them.quantitym.ofm.whichm.ism.onm.them.horizontalm.a
xis)m.ism.$5.m.Alsom.assumem.thatm.moneym.incomem.ism.$30.m.Them.absolutem.valuem.ofm.them.slop
em.ofm.them.resultingm.budgetm.linem.is
3)m.
Versionm. 2
1 mynursytest.store
, DOWNLOADm.THEm.Testm.Bankm.form.Economicsm.22ndm.Editionm.McConnell
Economics 22nd Edition by McConnell CH01
m. m. m. m. m.
A) 2.
B) 1/2.
C) 3.
D) 6.
Questionm.Details
AACSBm.:m.Reflectivem.Thinkingm.Acc
essibilitym.:m.Keyboardm.Navigationm.Te
stm.Bankm.:m.I
Difficultym.:m.02m.Medium
Learningm.Objectivem.:m.01-04m.Explainm.them.individualsm.economizingm.problemm.andm.illustrate m.trade-
offs,m.oppm.Topicm.:m.Individualsm.Economizingm.Problem
Accessibilitym.:m.Screenm.Readerm.Compati
blem.Bloom'sm.:m.Analyze
4) Supposem.thatm.Juliam.receivesm.am.$40m.giftm.cardm.form.them.localm.coffeem.shop,m.wherem.sh
em.onlym.buysm.lattesm.andm.muffins.m.Ifm.them.pricem.ofm.am.lattem.ism.$4m.andm.them.pricem.ofm.am.muf
finm.ism.$2,m.thenm.wem.canm.concludem.thatm.Julia
4)m.
A) shouldm.onlym.buym.muffins.
B) shouldm.onlym.buym.lattes.
C) canm.buym.10m.lattesm.orm.20m.muffinsm.ifm.shem.choosesm.tom.buym.onlym.onem.ofm.them.two
m.goods.
D) canm.buym.10m.lattesm.andm.20m.muffinsm.withm.herm.$40m.giftm.card.
Questionm.Details
AACSBm.:m.Reflectivem.Thinkingm.Acc
essibilitym.:m.Keyboardm.Navigationm.Te
stm.Bankm.:m.I
Bloom'sm.:m.Understandm.
Difficultym.:m.02m.Medium
Learningm.Objectivem.:m.01-04m.Explainm.them.individualsm.economizingm.problemm.andm.illustrate m.trade-
offs,m.oppm.Topicm.:m.Individualsm.Economizingm.Problem
Accessibilitym.:m.Screenm.Readerm.Compatible
Versionm. 3
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