Minggu 4 & 5 - Latihan
Minggu 4 & 5 - Latihan
Minggu 4 & 5 - Latihan
LATIHAN
MINGGU Ke 4 dan 5
Bagian A: Pilihlah (dengan memberi tanda silang “X”) pada salah satu jawaban yang paling
tepat!
1. The theory of consumer choice examines
a. the determination of output in competitive markets.
b. the tradeoffs inherent in decisions made by consumers.
c. how consumers select inputs into manufacturing production processes.
d. the determination of prices in competitive markets.
Figure I
The downwardsloping line on the figure represents a consumer’s budget constraint.
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4. Refer to Figure I. If the consumer’s income is $140, then what is the price of a CD?
a. $3
b. $5
c. $7
d. $9
5. Refer to Figure I. A consumer who chooses to spend all of her income could be at which point(s)
on the figure?
a. A only
b. E only
c. B, C, or D only
d. A, B, C, or D only
6. Refer to Figure I. All of the points identified on the figure represent affordable consumption
options with the exception of
a. A.
b. E.
c. A and E.
d. None of the above are correct. All of the points identified on the figure are affordable.
Figure II
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7. Refer to Figure II. Which of the graphs in the figure reflects a decrease in the price of good X
only?
a. graph a
b. graph b
c. graph c
d. graph d
8. Refer to Figure II. Which of the graphs in the figure reflects an increase in the price of good Y
only?
a. graph a
b. graph b
c. graph c
d. graph d
9. Refer to Figure II. Which of the graphs in the figure could reflect a simultaneous decrease in the
price of good X and increase in the price of good Y?
(i) graph a
(ii) graph b
(iii) graph c
(iv) graph d
a. (ii) only
b. (iii) only
c. (ii) or (iv) only
d. None of the above is correct.
Figure III
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10. Refer to Figure III. You have $300 to spend on good X and good Y. If good X costs $30 and
good Y costs $50, your budget constraint is
a. AB.
b. BC.
c. CD.
d. DE.
11. Refer to Figure III. You have $600 to spend on good X and good Y. If good X costs $100 and
good Y costs $100, your budget constraint is
a. AB.
b. BC.
c. CD.
d. DE.
12. Refer to Figure III. If the price of good X is $5, and your budget constraint is DE, what is the
price of good Y?
a. $10
b. $5
c. $2.50
d. $1.67
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Which of the following could explain the change in the budget line from A to B?
a. a decrease in the price of X
b. an increase in the price of Y
c. a decrease in the price of Y
d. More than one of the above could explain this change.
Which of the following could explain the change in the budget line from A to B?
a. a simultaneous decrease in the price of X and the price of Y
b. an increase in income
c. a decrease in income and a decrease in the price of Y
d. Both a and b are correct.
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Which of the following could explain the change in the budget line from A to B?
a. a decrease in income and a decrease in the price of X
b. a decrease in income and an increase in the price of X
c. an increase in income and a decrease in the price of X
d. an increase in income and an increase in the price of X
17. Consider two goods: peanuts and crackers. The slope of the consumer's budget constraint is
measured by the
a. consumer's income divided by the price of crackers.
b. relative price of peanuts and crackers.
c. consumer's marginal rate of substitution.
d. number of peanuts purchased divided by the number of crackers purchased.
18. Suppose a consumer spends his income on CDs and DVDs. If his income decreases, the budget
constraint for CDs and DVDs will
a. shift outward, parallel to the original budget constraint.
b. shift inward, parallel to the original budget constraint.
c. rotate outward along the CD axis because he can afford more CDs.
d. rotate outward along the DVD axis because he can afford more DVDs.
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20. An increase in a consumer's income
a. increases the slope of the consumer's budget constraint.
b. has no effect on the slope of the consumer's budget constraint.
c. decreases the slope of the consumer's budget constraint.
d. has no effect on the consumer's budget constraint.
Figure IV
21. Refer to Figure IV. Given the budget constraint depicted in the graph, the consumer’s optimal
choice will be point
a. B.
b. C.
c. D.
d. E.
22. Refer to Figure IV. It would be possible for the consumer to reach I2 if
a. the price of Y decreases.
b. the price of X decreases.
c. income increases.
d. All of the above would be correct.
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b. MRSxy = Px/Py .
c. MRSxy < Px/Py .
d. MRSxy < Py /Px.
26. When a consumer is purchasing the best combination of two goods, X and Y, subject to a budget
constraint, we say that the consumer is at an optimal choice point. A graph of an optimal choice
point shows that it occurs
a. along the highest attainable indifference curve.
b. where the indifference curve is tangent to the budget constraint.
c. where the marginal utility per dollar spent is the same for both X and Y.
d. All of the above are correct.
27. When a consumer is purchasing the best combination of two goods, X and Y, subject to a budget
constraint, we say that the consumer is at an optimal choice point. A graph of an optimal choice
point shows that it occurs
a. along the highest indifference curve.
b. along the lowest budget constraint.
c. where the indifference curve is tangent to the budget constraint.
d. All of the above are correct.
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b. utility is maximized, and prices are minimized.
c. utility is maximized, subject to budget constraints.
d. utility is maximized, and indifference curves are linear.
31. If the consumer's income and all prices simultaneously decrease by one-half, then the optimum
consumption will
a. shift outward relative to the original optimum.
b. move leftward along the original budget constraint.
c. shift inward relative to the original optimum.
d. not change.
33. If we observe that a consumer’s budget constraint has shifted outward, we can assume that the
consumer will buy
a. fewer normal goods and more inferior goods.
b. more normal goods and fewer inferior goods.
c. more normal goods and more inferior goods.
d. fewer normal goods and fewer inferior goods.
Figure V
34. Refer to Figure V. Suppose that a consumer is originally at point R. Then the price of good X
decreases. Which of the following represents the income effect of the price decrease?
a. the movement from point R to point S
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b. the movement from point R to point T
c. the movement from point T to point S
d. None of the above is correct.
35. Refer to Figure V. Suppose that a consumer is originally at point R. Then the price of good X
decreases. Which of the following represents the substitution effect of the price decrease?
a. the movement from point R to point S
b. the movement from point R to point T
c. the movement from point T to point S
d. None of the above is correct.
36. A consumer consumes two normal goods, coffee and chocolate. The price of coffee rises. The
income effect, by itself, suggests that the consumer will consume
a. more coffee and more chocolate.
b. less coffee and less chocolate.
c. more coffee and less chocolate.
d. less coffee and more chocolate.
37. A consumer consumes two normal goods, popcorn and Pepsi. The price of Pepsi rises. The
substitution effect, by itself, suggests that the consumer will consume
a. more popcorn and more Pepsi.
b. less popcorn and less Pepsi.
c. more popcorn and less Pepsi.
d. less popcorn and more Pepsi.
38. Consider a consumer who purchases two goods, X and Y. If the price of good Y falls, then the
substitution effect by itself will
a. cause the consumer to buy more of good Y and less of good X.
b. cause the consumer to buy more of good X and less of good Y.
c. not affect the amount of goods X and Y that the consumer buys.
d. result in an upward-sloping demand for good Y if the substitution effect is positive.
39. Pepsi and pizza are normal goods. When the price of pizza falls, the substitution effect by itself
will cause a
a. shift to a lower indifference curve so that the consumer buys less Pepsi.
b. shift to a higher indifference curve so that the consumer buys more Pepsi.
c. movement along the indifference curve so that the consumer buys more Pepsi.
d. movement along the indifference curve so that the consumer buys less Pepsi.
40. Pepsi and pizza are normal goods. When the price of pizza rises, the substitution effect causes
Pepsi to be relatively
a. more expensive, so the consumer buys more Pepsi.
b. more expensive, so the consumer buys less Pepsi.
c. less expensive, so the consumer buys more Pepsi.
d. less expensive, so the consumer buys less Pepsi.
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Bagian B: Jawab pertanyaan berikut ini.
***Selamat Belajar***
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