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    Exam 8: Utility and Demand
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    Kirk Consumes Normal Goods
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Kirk Consumes Normal Goods

Question 216

Question 216

Multiple Choice

Kirk consumes normal goods. If Kirk's income decreases and the prices of all goods remain unchanged, in his new consumer equilibrium, his marginal utility from each good will ________ and his total utility will ________.


A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease

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