Exhibit 6-17 -Suppose You Have $12 to Spend on Apples and Cookies.The

question 151

Multiple Choice

Exhibit 6-17

-Suppose you have $12 to spend on apples and cookies.The price of one apple is $2 and the price of one cookie is $4.Using the information in Exhibit 6-17,determine the utility-maximizing combination of apples and cookies.

• A) One apple and one cookie
• B) Two apples and two cookies
• C) One apple and three cookies
• D) Four apples and two cookies
• E) Two apples and one cookie

---

Definitions:

Math Test

An examination designed to assess an individual’s understanding and proficiency in mathematical concepts and problem-solving.

Test Bias

The presence of certain factors in a test that systematically advantages or disadvantages certain groups of individuals, leading to unfair assessment outcomes.

Item Difficulty

A measure of the proportion of individuals who correctly answer or perform a specific task or test item, indicating the item's level of challenge.

Psychologists

Experts in psychology, the study of the mind and behavior, who may engage in research, teaching, or provide therapeutic services.