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
Correct Answer:

Verified
Correct Answer:
Verified
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