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Marginal Utility Theory Predicts That a Rise in the Price

Question 342

Multiple Choice

Marginal utility theory predicts that a rise in the price of a banana results in


A) the demand curve for bananas shifting rightward.
B) the demand curve for bananas shifting leftward.
C) a movement upward along the demand curve for bananas.
D) a movement downward along the demand curve for bananas.

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