Multiple Choice
Refer to the data for a consumer whose income = $14. Suppose the price of new product Z is $2 rather than $1. This consumer would purchase
A) four units of Z.
B) three units of Z.
C) six units of Z.
D) more of X, Y, and Z than if the price were $1 for Z.
Correct Answer:

Verified
Correct Answer:
Verified
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