Multiple Choice
A consumer purchases quantities of good A and good B in accordance with the rational spending rule.An increase in the price of good A causes the consumer to
A) buy more A to restore the rational spending rule.
B) buy less B to restore the rational spending rule.
C) do nothing;he is unaffected by the price change.
D) buy less A to restore the rational spending rule.
E) buy more of both A and B to restore the rational spending rule.
Correct Answer:

Verified
Correct Answer:
Verified
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