JUST LETTER ANSWER ONLY, THANKS! DO NOT WRITE OUT THE ANSWER AND NO EXPLANATION

If a consumer consumes two goods, A and B, and the price of A falls, then the substitution effect would cause the consumer to:

a. buy less A and less B.

b. buy more A and less B.

c. buy more A and more B.

d. buy less A and more B.

The term "utlility" refers to:

a. Self-fulfillment

b. Satisfaction

c. Happiness

d. Any of these could be considered "utility."

Montana is currently spending all of her income on goods S and T. Good S has a price of $30 per unit and Good T has a price of $16 per unit. The marginal utility of Good S is currently 150 utils. If Montana is maximizing her utility, what must be the marginal utility for Good T?

a. 136 utils

b. 80 utils

c. 56 utils

d. 160 utils

Right now, Oscar is consuming goods X and Y, which have prices of $4 and $5 respectively, such that the marginal utility of X is 100 and the marginal utility of Y is 150. Is Oscar maximizing his utility?

a. There is not enough information to answer this question

b. No, he should purchase more Y and less X

c. No, he should purchase more X and less Y

d.Yes, because the marginal rate of substitution equals the price ratio

If a consumer consumes two goods, A and B, and the price of A falls, then the combined impact of the substitution effect and the income effect would cause the consumer to:

a. buy less A.

b. buy less B.

c. buy more A.

d. buy more B.

If Zeinab's income is $300 per week and the two goods she consumes, bottled water and beef jerky, have prices of $3 and $2 per unit respectively, which one of the following consumption bundles lies outside of her budget line (budget constraint)?

a. 40 bottles of water and 90 pieces of beef jerky

b. 75 bottles of water and 50 pieces of beef jerky

c. 50 bottles of water and 75 pieces of beef jerky

d. 60 bottles of water and 60 pieces of beef jerky

If a consumer consumes two goods, A and B, and the price of A falls, then the income effect would cause the consumer to:

a. buy less A and less B.

b. buy less A and more B.

c. buy more A and less B.

d. buy more A and more B.

If marginal utility is diminishing but positive, then if you receive 300 utils from 1 slice of pizza, which of the following could be the utility you get from 2 slices of pizza?

a. 500 utils

b. 300 utils

c. 600 utils

d. 150 utils

Suppose consumption bundle A contains 2 books and 5 candy bars, consumption bundle B contains 4 books and 4 candy bars, and consumption bundle C contains 3 books and 2 candy bars. Which of the following CANNOT be the bundle that a consumer likes the most?

a. Consumption bundle A

b. Consumption bundle B

c. Consumption bundle C

If the consumer's income increases:

a. the budget constraint shifts in and its slope increases.

b. the budget constraint shifts out and its slope increases.

c. the budget constraint shifts out and its slope does not change.

d. the budget constraint shifts in and its slope does not change.