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    Microeconomics Study Set 45
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    Exam 7: Utility Maximization
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    In the Graph, a Decrease in the Price of Good
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In the Graph, a Decrease in the Price of Good

Question 225

Question 225

Multiple Choice

  In the graph, a decrease in the price of good Y will result in A) a decrease in demand for good Y. B) an increase in demand for good Y. C) an increase in demand for good X. D) a decrease in demand for good X. In the graph, a decrease in the price of good Y will result in


A) a decrease in demand for good Y.
B) an increase in demand for good Y.
C) an increase in demand for good X.
D) a decrease in demand for good X.

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