Marginal Utility Theory Predicts That a Rise in the Price

question 342

Multiple Choice

Marginal utility theory predicts that a rise in the price of a banana results in

• A) the demand curve for bananas shifting rightward.
• B) the demand curve for bananas shifting leftward.
• C) a movement upward along the demand curve for bananas.
• D) a movement downward along the demand curve for bananas.

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