Suppose a Consumer Is Purchasing Coke and Pretzels in Quantities

question 116

Multiple Choice

Suppose a consumer is purchasing Coke and pretzels in quantities such that she is achieving consumer equilibrium. Then the price of Coke decreases. The consumer will likely __________ her consumption of Coke and the marginal utility of Coke will __________ while the total utility from Coke will __________.

• A)increase; increase; increase
• B)increase; decrease; decrease
• C)increase; decrease; increase
• D)decrease; increase; increase
• E)decrease; decrease; decrease

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Definitions:

Blank Desktop Database

A new, empty database file created in database software like Microsoft Access, ready for data entry and design customization.

Custom Desktop Database

A database application tailor-made to suit specific needs, often designed for use on a single computer or within a small organization.

Personal Database

A database designed for use by a single person on a standalone computer, aimed at managing personal information or tasks.

Relational Database

A type of database that structures data as collections of tables that are related to each other through unique identifiers.