Exam (elaborations)

TEST BANK FOR Economics, 22nd Edition Campbell Mcconnell,Stanley Brue And Sean Flynn

6 views 0 purchase

Course
Economics, 22nd Edition

Institution
Economics, 22nd Edition

TEST BANK FOR Economics, 22nd Edition Campbell Mcconnell,Stanley Brue And Sean Flynn TEST BANK FOR Economics, 22nd Edition Campbell Mcconnell,Stanley Brue And Sean Flynn

[Show more]

Preview 4 out of 369 pages

View example

Uploaded on October 11, 2024
Number of pages 369
Written in 2024/2025
Type Exam (elaborations)
Contains Questions & answers

economics 22nd edition
campbell mcconnellstanley brue and sean flynn

Institution Economics, 22nd Edition
Course Economics, 22nd Edition

solutiontestbank011

Member since 2 year 197 documents sold

CA$21.60

Added

Add to cart

Add to wishlist

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

FOR Economics, 22nd Edition Campbell
Mcconnell,Stanley Brue And Sean Flynn

, ANSWERS ARE LOCATED IN THE SECOND PART OF THIS DOCUMENT
MULTIPLE CHOICE - Choose The One Alternative That Best Completes The Statement OrAnswers The
Question.

1)
Refer To The Budget Line Shown In The Diagram. If The Consumer's Money Income Is $100,
The
1)

A) Prices Of C And D Cannot Be Determined.
B) Price Of C Is $5 And The Price Of D Is $10.
C) Consumer Can Obtain A Combination Of 5 Units Of Both C And D.
D) Price Of C Is $20 And The Price Of D Is $10.

Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Test Bank : I
Bloom's : Understand
Difficulty : 02 Medium
Learning Objective : 01-04 Explain The Individuals Economizing Problem And Illustrate Trade-Offs,
OppTopic : Individuals Economizing Problem
Accessibility : Screen Reader Compatible

,2)
Suppose You Have A Money Income Of $20, All Of Which You Spend On Coke And
Popcorn. In TheDiagram, The Prices Of Coke And Popcorn, Respectively, Are
2)

A) $1.00 And $2.00.
B) $2.00 And $1.00.
C) $2.00 And $4.00.
D) $1.00 And $0.50.

Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Test Bank : I
Bloom's : Understand
Difficulty : 02 Medium
Learning Objective : 01-04 Explain The Individuals Economizing Problem And Illustrate Trade-Offs,
OppTopic : Individuals Economizing Problem
Accessibility : Screen Reader Compatible

3) Assume The Price Of Product Y (The Quantity Of Which Is On The Vertical Axis) Is
$10 And The Price Of Product X (The Quantity Of Which Is On The Horizontal Axis) Is $5.
Also Assume That Money Income Is $30. The Absolute Value Of The Slope Of The
Resulting Budget Line Is

3)

, A) 2.
B) 1/2.
C) 3.
D) 6.

Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Test Bank : I
Difficulty : 02 Medium
Learning Objective : 01-04 Explain The Individuals Economizing Problem And Illustrate Trade-Offs,
OppTopic : Individuals Economizing Problem
Accessibility : Screen Reader Compatible
Bloom's : Analyze

4) Suppose That Julia Receives A $40 Gift Card For The Local Coffee Shop, Where She
Only BuysLattes And Muffins. If The Price Of A Latte Is $4 And The Price Of A Muffin Is $2,
Then We Can Conclude That Julia

4)

A) Should Only Buy Muffins.
B) Should Only Buy Lattes.
C) Can Buy 10 Lattes Or 20 Muffins If She Chooses To Buy Only One Of The Two
Goods.
D) Can Buy 10 Lattes And 20 Muffins With Her $40 Gift Card.

Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Test Bank : I
Bloom's : Understand
Difficulty : 02 Medium
Learning Objective : 01-04 Explain The Individuals Economizing Problem And Illustrate Trade-Offs,
OppTopic : Individuals Economizing Problem
Accessibility : Screen Reader Compatible

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller solutiontestbank011. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$21.60. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling

Exam (elaborations)

TEST BANK FOR Economics, 22nd Edition Campbell Mcconnell,Stanley Brue And Sean Flynn

Document information

Subjects

Written for

Seller

Reviews received

Content preview