ChaPter 2 Budget constraint Topic: Budget Constraint Difficulty: 0 Correct Responses: 99 Discrimination index: 4 Correct answer: B 2.34 Murphy used to consume 100 units of X and 50 units of y when the price of X was 2 and the price of y was 4. If the price of X rose to 5 and the price of y rose to 7, how much would Murphy,'s income have to rise so that he could still afford his origin al bundle? 900 (e) None of the above Topic: Budget Constraint Difficulty: 0 g Correct Responses: 99 Discrimination index: 4 Correct Answer: B 2.35 Murphy used to consume 100 units of X and 50 units of y when the price of X was 2 and the price of y was 4. If the price of X rose to 6 and the price of y rose to 8, how much would Murphy s income have to rise so that he could still afford his origin al bundle? a)800 b)600 C)400 d)1,200 (e) None of the above Correct Responses: 0 Discrimination Index: 0 Correct Answer: c 2.36 This weekend, Martha has time to read 40 pages of economics and 30 pages of sociology Alternatively, she could read 20 pages of economics and 70 pages of sociology. Which of these equations describes all combin ations of pages of economics, E, and sociology, S, that she could read over the weekend? (a)E+S=70 (b)E/2+S=50 c)2E+S=110 d)E+S=90 (e) All of the aboveCHAPTER 2 Budget Constraint 16 Topic: Budget Constraint Diculty: 0 % Correct Responses: 99 Discrimination Index: 4 Correct Answer: B 2.34 Murphy used to consume 100 units of X and 50 units of Y when the price of X was 2 and the price of Y was 4. If the price of X rose to 5 and the price of Y rose to 7, how much would Murphy's income have to rise so that he could still aord his original bundle? (a) 600 (b) 450 (c) 300 (d) 900 (e) None of the above. Topic: Budget Constraint Diculty: 0 % Correct Responses: 99 Discrimination Index: 4 Correct Answer: B 2.35 Murphy used to consume 100 units of X and 50 units of Y when the price of X was 2 and the price of Y was 4. If the price of X rose to 6 and the price of Y rose to 8, how much would Murphy's income have to rise so that he could still aord his original bundle? (a) 800 (b) 600 (c) 400 (d) 1,200 (e) None of the above. Topic: Budget Constraint Diculty: 0 % Correct Responses: 0 Discrimination Index: 0 Correct Answer: C 2.36 This weekend, Martha has time to read 40 pages of economics and 30 pages of sociology. Alternatively, she could read 20 pages of economics and 70 pages of sociology. Which of these equations describes all combinations of pages of economics, E ; and sociology, S; that she could read over the weekend? (a) E + S = 70 (b) E=2 + S = 50 (c) 2E + S = 110 (d) E + S = 90 (e) All of the above