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Steven Consumes Staples and Paper Clips

Question 11

Multiple Choice

Steven consumes staples and paper clips.He is maximizing his utility in consumption of both goods.The price of staples rises.After the change in price,Steven should consume _____ staples and _____ paper clips.


A) more;fewer
B) more;more
C) fewer;more
D) fewer;fewer

Correct Answer:

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