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    Principles of Microeconomics
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    Exam 5: Happiness, Utility, and Consumer Choice
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    The MU/P of a Good Will Decrease When There Is
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The MU/P of a Good Will Decrease When There Is

Question 7

Question 7

Multiple Choice

The MU/P of a good will decrease when there is a(n)


A) fall in the price of the good
B) increase in its marginal utility
C) increase in the price of a good
D) increase in consumer surplus
E) decrease in income

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