,DOWNLOADg.THEg.Testg.Bankg.forg.Economicsg.22ndg.Editiong.McConnell
Economics 22nd Edition by McConnell CH01
g. g. g. g. g.
ANSWERSg.AREg.LOCATEDg.INg.THEg.SECONDg.PARTg.OFg.THISg.DOCUMENT
MULTIPLEg.CHOICEg.-
g.Chooseg.theg.oneg.alternativeg.thatg.bestg.completesg.theg.statementg.org.answersg.theg.question.
1)
Referg.tog.theg.budgetg.lineg.showng.ing.theg.diagram.g.Ifg.theg.consumer'sg.moneyg.incomeg.isg.$100,g.t
he
1) g.
A) pricesg.ofg.Cg.andg.Dg.cannotg.beg.determined.
B) priceg.ofg.Cg.isg.$5g.andg.theg.priceg.ofg.Dg.isg.$10.
C) consumerg.cang.obtaing.ag.combinationg.ofg.5g.unitsg.ofg.bothg.Cg.andg.D.
D) priceg.ofg.Cg.isg.$20g.andg.theg.priceg.ofg.Dg.isg.$10.
Questiong.Details
AACSBg.:g.Reflectiveg.Thinkingg.Acces
sibilityg.:g.Keyboardg.Navigationg.Testg.
Bankg.:g.I
Bloom'sg.:g.Understandg.Di
fficultyg.:g.02g.Medium
Learningg.Objectiveg.:g.01-04g.Explaing.theg.individualsg.economizingg.problemg.andg.illustrateg.trade-
offs,g.oppg.Topicg.:g.Individualsg.Economizingg.Problem
Accessibilityg.:g.Screeng.Readerg.Compatible
Versiong. 1
1 mynursytest.store
,DOWNLOADg.THEg.Testg.Bankg.forg.Economicsg.22ndg.Editiong.McConnell
Economics 22nd Edition by McConnell CH01
g. g. g. g. g.
2)
Supposeg.youg.haveg.ag.moneyg.incomeg.ofg.$20,g.allg.ofg.whichg.youg.spendg.ong.Cokeg.andg.popcorn.g.
Ing.theg.diagram,g.theg.pricesg.ofg.Cokeg.andg.popcorn,g.respectively,g.are
2) g.
A) $1.00g.andg.$2.00.
B) $2.00g.andg.$1.00.
C) $2.00g.andg.$4.00.
D) $1.00g.andg.$0.50.
Questiong.Details
AACSBg.:g.Reflectiveg.Thinkingg.Acces
sibilityg.:g.Keyboardg.Navigationg.Testg.
Bankg.:g.I
Bloom'sg.:g.Understandg.Di
fficultyg.:g.02g.Medium
Learningg.Objectiveg.:g.01-04g.Explaing.theg.individualsg.economizingg.problemg.andg.illustrateg.trade-
offs,g.oppg.Topicg.:g.Individualsg.Economizingg.Problem
Accessibilityg.:g.Screeng.Readerg.Compatible
3) Assumeg.theg.priceg.ofg.productg.Yg.(theg.quantityg.ofg.whichg.isg.ong.theg.verticalg.axis)g.isg.$
10g.andg.theg.priceg.ofg.productg.Xg.(theg.quantityg.ofg.whichg.isg.ong.theg.horizontalg.axis)g.isg.$5.g.A
lsog.assumeg.thatg.moneyg.incomeg.isg.$30.g.Theg.absoluteg.valueg.ofg.theg.slopeg.ofg.theg.resultingg.
budgetg.lineg.is
3)g.
Versiong. 2
1 mynursytest.store
, DOWNLOADg.THEg.Testg.Bankg.forg.Economicsg.22ndg.Editiong.McConnell
Economics 22nd Edition by McConnell CH01
g. g. g. g. g.
A) 2.
B) 1/2.
C) 3.
D) 6.
Questiong.Details
AACSBg.:g.Reflectiveg.Thinkingg.Acces
sibilityg.:g.Keyboardg.Navigationg.Testg.
Bankg.:g.I
Difficultyg.:g.02g.Medium
Learningg.Objectiveg.:g.01-04g.Explaing.theg.individualsg.economizingg.problemg.andg.illustrateg.trade-
offs,g.oppg.Topicg.:g.Individualsg.Economizingg.Problem
Accessibilityg.:g.Screeng.Readerg.Compatibl
eg.Bloom'sg.:g.Analyze
4) Supposeg.thatg.Juliag.receivesg.ag.$40g.giftg.cardg.forg.theg.localg.coffeeg.shop,g.whereg.sheg.onl
yg.buysg.lattesg.andg.muffins.g.Ifg.theg.priceg.ofg.ag.latteg.isg.$4g.andg.theg.priceg.ofg.ag.muffing.isg.$2,g.th
eng.weg.cang.concludeg.thatg.Julia
4)g.
A) shouldg.onlyg.buyg.muffins.
B) shouldg.onlyg.buyg.lattes.
C) cang.buyg.10g.lattesg.org.20g.muffinsg.ifg.sheg.choosesg.tog.buyg.onlyg.oneg.ofg.theg.twog.goods
.
D) cang.buyg.10g.lattesg.andg.20g.muffinsg.withg.herg.$40g.giftg.card.
Questiong.Details
AACSBg.:g.Reflectiveg.Thinkingg.Acces
sibilityg.:g.Keyboardg.Navigationg.Testg.
Bankg.:g.I
Bloom'sg.:g.Understandg.Di
fficultyg.:g.02g.Medium
Learningg.Objectiveg.:g.01-04g.Explaing.theg.individualsg.economizingg.problemg.andg.illustrateg.trade-
offs,g.oppg.Topicg.:g.Individualsg.Economizingg.Problem
Accessibilityg.:g.Screeng.Readerg.Compatible
Versiong. 3
1 mynursytest.store
Economics 22nd Edition by McConnell CH01
g. g. g. g. g.
ANSWERSg.AREg.LOCATEDg.INg.THEg.SECONDg.PARTg.OFg.THISg.DOCUMENT
MULTIPLEg.CHOICEg.-
g.Chooseg.theg.oneg.alternativeg.thatg.bestg.completesg.theg.statementg.org.answersg.theg.question.
1)
Referg.tog.theg.budgetg.lineg.showng.ing.theg.diagram.g.Ifg.theg.consumer'sg.moneyg.incomeg.isg.$100,g.t
he
1) g.
A) pricesg.ofg.Cg.andg.Dg.cannotg.beg.determined.
B) priceg.ofg.Cg.isg.$5g.andg.theg.priceg.ofg.Dg.isg.$10.
C) consumerg.cang.obtaing.ag.combinationg.ofg.5g.unitsg.ofg.bothg.Cg.andg.D.
D) priceg.ofg.Cg.isg.$20g.andg.theg.priceg.ofg.Dg.isg.$10.
Questiong.Details
AACSBg.:g.Reflectiveg.Thinkingg.Acces
sibilityg.:g.Keyboardg.Navigationg.Testg.
Bankg.:g.I
Bloom'sg.:g.Understandg.Di
fficultyg.:g.02g.Medium
Learningg.Objectiveg.:g.01-04g.Explaing.theg.individualsg.economizingg.problemg.andg.illustrateg.trade-
offs,g.oppg.Topicg.:g.Individualsg.Economizingg.Problem
Accessibilityg.:g.Screeng.Readerg.Compatible
Versiong. 1
1 mynursytest.store
,DOWNLOADg.THEg.Testg.Bankg.forg.Economicsg.22ndg.Editiong.McConnell
Economics 22nd Edition by McConnell CH01
g. g. g. g. g.
2)
Supposeg.youg.haveg.ag.moneyg.incomeg.ofg.$20,g.allg.ofg.whichg.youg.spendg.ong.Cokeg.andg.popcorn.g.
Ing.theg.diagram,g.theg.pricesg.ofg.Cokeg.andg.popcorn,g.respectively,g.are
2) g.
A) $1.00g.andg.$2.00.
B) $2.00g.andg.$1.00.
C) $2.00g.andg.$4.00.
D) $1.00g.andg.$0.50.
Questiong.Details
AACSBg.:g.Reflectiveg.Thinkingg.Acces
sibilityg.:g.Keyboardg.Navigationg.Testg.
Bankg.:g.I
Bloom'sg.:g.Understandg.Di
fficultyg.:g.02g.Medium
Learningg.Objectiveg.:g.01-04g.Explaing.theg.individualsg.economizingg.problemg.andg.illustrateg.trade-
offs,g.oppg.Topicg.:g.Individualsg.Economizingg.Problem
Accessibilityg.:g.Screeng.Readerg.Compatible
3) Assumeg.theg.priceg.ofg.productg.Yg.(theg.quantityg.ofg.whichg.isg.ong.theg.verticalg.axis)g.isg.$
10g.andg.theg.priceg.ofg.productg.Xg.(theg.quantityg.ofg.whichg.isg.ong.theg.horizontalg.axis)g.isg.$5.g.A
lsog.assumeg.thatg.moneyg.incomeg.isg.$30.g.Theg.absoluteg.valueg.ofg.theg.slopeg.ofg.theg.resultingg.
budgetg.lineg.is
3)g.
Versiong. 2
1 mynursytest.store
, DOWNLOADg.THEg.Testg.Bankg.forg.Economicsg.22ndg.Editiong.McConnell
Economics 22nd Edition by McConnell CH01
g. g. g. g. g.
A) 2.
B) 1/2.
C) 3.
D) 6.
Questiong.Details
AACSBg.:g.Reflectiveg.Thinkingg.Acces
sibilityg.:g.Keyboardg.Navigationg.Testg.
Bankg.:g.I
Difficultyg.:g.02g.Medium
Learningg.Objectiveg.:g.01-04g.Explaing.theg.individualsg.economizingg.problemg.andg.illustrateg.trade-
offs,g.oppg.Topicg.:g.Individualsg.Economizingg.Problem
Accessibilityg.:g.Screeng.Readerg.Compatibl
eg.Bloom'sg.:g.Analyze
4) Supposeg.thatg.Juliag.receivesg.ag.$40g.giftg.cardg.forg.theg.localg.coffeeg.shop,g.whereg.sheg.onl
yg.buysg.lattesg.andg.muffins.g.Ifg.theg.priceg.ofg.ag.latteg.isg.$4g.andg.theg.priceg.ofg.ag.muffing.isg.$2,g.th
eng.weg.cang.concludeg.thatg.Julia
4)g.
A) shouldg.onlyg.buyg.muffins.
B) shouldg.onlyg.buyg.lattes.
C) cang.buyg.10g.lattesg.org.20g.muffinsg.ifg.sheg.choosesg.tog.buyg.onlyg.oneg.ofg.theg.twog.goods
.
D) cang.buyg.10g.lattesg.andg.20g.muffinsg.withg.herg.$40g.giftg.card.
Questiong.Details
AACSBg.:g.Reflectiveg.Thinkingg.Acces
sibilityg.:g.Keyboardg.Navigationg.Testg.
Bankg.:g.I
Bloom'sg.:g.Understandg.Di
fficultyg.:g.02g.Medium
Learningg.Objectiveg.:g.01-04g.Explaing.theg.individualsg.economizingg.problemg.andg.illustrateg.trade-
offs,g.oppg.Topicg.:g.Individualsg.Economizingg.Problem
Accessibilityg.:g.Screeng.Readerg.Compatible
Versiong. 3
1 mynursytest.store
