Lucy Buys Only Magazines and CDs

question 87

Multiple Choice

Lucy buys only magazines and CDs.Both are normal goods.Lucy's income decreases,but the prices of magazines and CDs do not change.Marginal utility theory predicts that

• A)Lucy buys more magazines and more CDs.
• B)Lucy buys fewer magazines and fewer CDs.
• C)Lucy's demand curve for magazines shifts leftward.
• D)Lucy's demand curve for CDs shifts leftward.
• E)B,C,and D are correct.

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Definitions:

Column of Trajan

A Roman triumphal column in Rome, Italy, celebrating Emperor Trajan's victory in the Dacian Wars, famous for its spiral bas relief.

Dacians

An ancient people who lived in the territory of present-day Romania and Moldova, known for their conflicts with the Roman Empire.

Mythologized

The process of turning real events or figures into myths, often enhancing or altering them in significant ways.

Architectural Space

The area or volume created by architectural structures, often considered in terms of its function, form, and aesthetic qualities.