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As Price Falls Along a Given Demand Curve for Pretzels

Question 13

Multiple Choice

As price falls along a given demand curve for pretzels,


A) quantity demanded, total utility, marginal utility, and consumer surplus increase; consumer expenditure decreases
B) quantity demanded, total utility, and consumer surplus increase; marginal utility and consumer surplus decrease
C) quantity demanded, total utility, consumer surplus, and consumer expenditure increase; marginal utility decreases
D) quantity demanded, total utility, and consumer surplus increase; marginal utility decreases; consumer expenditure might increase, decrease, or remain constant
E) quantity demanded, total utility, marginal utility, consumer surplus, and consumer expenditure all increase

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