A Decrease in the Price of a Good Causes

question 392

Multiple Choice

A decrease in the price of a good causes

• A) the utility of the good to decrease.
• B) the marginal utility of the good to decrease.
• C) purchasing power of a person's income to increase.
• D) the nominal wealth of a person to increase.

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Definitions:

Physical Address

A unique identifier assigned to each network interface on a network. It's also known as a MAC (Media Access Control) address in the context of networking.

Network Adapter

A device that enables the computer (or peripheral) to communicate with the network using a common data communication language, or protocol.

Topology

in networking, describes the layout of connected devices and how they communicate.

Single Cable

Refers to a type of connection that enables data transmission, power delivery, and sometimes video output through one cable.