Use the following information for question 6–7. 6. In 2021, a typical family in Pizzaland consumes 50 pizzas, 20 chicken wings and 40 beers. The pizzas cost $15 each, chicken wings $2 each and beers cost $3 per bottle. In 2022, the price of pizzas went up to $18 each and chicken wings went up to $3, while the beer price remained the same. In 2022, the consumption of chicken and beer decreased by 10%, the cost of living in 2022 is: a) $1062 b) None of other answers is correct c) $1080 d) $910 e) $972

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Use the following information for question 6–7.

6. In 2021, a typical family in Pizzaland consumes 50 pizzas, 20 chicken wings and 40 beers. The pizzas cost $15 each, chicken wings $2 each and beers cost $3 per bottle. In 2022, the price of pizzas went up to $18 each and chicken wings went up to $3, while the beer price remained the same. In 2022, the consumption of chicken and beer decreased by 10%, the cost of living in 2022 is:

a) $1062

b) None of other answers is correct

c) $1080

d) $910

e) $972

7. Between 2021 and 2022, a typical family's cost of living

a) increased by 20%

b) increased by 16.7%

c) decreased by 18.7%

d) None of other answers is correct 

e) remained the same

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