Principles of Micoreconomics, 9e - Test Item File 1 (Case/Fair/Oster)

Chapter 6Household Behavior and Consumer Choice

6.1

Household Choice in Open Market

1

Multiple Choice

1)

Jane has 500 a week to spend on clothing and food. The price of clothing is 25 and the price of food is 10. The clothing and food pairs in Jane's choice set include ____ units of clothing and ____ units of food.

A)

50; 50

B)

20; 50

C)

15; 25

D)

8; 30

Answer:

D

Diff: 2

Topic:

Household Choices in Output Markets

Skill:

Analytic

AACSB:

Analytic Skills

2)

Jane has 500 a week to spend on clothing and food. The price of clothing is 25 and the price of food is 10. Jane spends her entire income when she purchases ____ units of clothing and ____ units of...