A Change in the Price of One Good Leads to All

question 143

Multiple Choice

A change in the price of one good leads to all of the following,except one.Which is the exception?

• A)a change in the slope of the budget line
• B)a new point of consumer utility maximization
• C)a change in the trade-off between the two goods
• D)a change in the marginal utility of each unit of the good
• E)a change in the marginal utility per dollar spent on the good

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