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If the Price of a Good Falls,then in the New

Question 113

Multiple Choice

If the price of a good falls,then in the new consumer equilibrium


A) the marginal utility from consuming the good will be higher than before.
B) the quantity of the good consumed decreases.
C) the quantity of substitutes consumed increases.
D) the marginal utility from substitutes will be lower than before the fall in price.
E) none of the above

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