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Which of the Following Would Lead a Utility-Maximizing Consumer to Search

Question 164

Multiple Choice

Which of the following would lead a utility-maximizing consumer to search for additional information?


A) an increase in income
B) an increase in the marginal cost of information
C) improved technology (e.g., Internet search programs)
D) a reduction in the dispersion of prices
E) an increase in the consumer's wage rate

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