The Table Shows the Marginal-Utility Schedules for Goods a and B

question 293

Multiple Choice

The table shows the marginal-utility schedules for goods A and B for a hypothetical consumer. The price of good A is $1, and the price of good B is $2. The income of the consumer is $8. If the price of A decreases, while the price of B and the consumer's income stay the same, we would expect

• A)MU/P of A to increase, and the consumer will thus buy less of B.
• B)MU/P of A to increase, and the consumer will thus buy less of A.
• C)MU/P of A to decrease, and the consumer will thus buy less of B.
• D)MU/P of A to decrease, and the consumer will thus buy less of A.

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