A Decrease in the Price of a Good,holding Income and the Prices

Multiple Choice

A decrease in the price of a good,holding income and the prices of all other goods constant,is associated with:

A) a positive substitution effect since consumers increase their consumption of the good as the marginal utility per dollar of the good increases.
B) a negative substitution effect since consumers decrease their consumption of the good as the marginal utility per dollar spent of the good decreases.
C) the consumer purchasing fewer of all goods in the consumption bundle.
D) a shift inward of the budget line.