Suppose Katy Lucus Maximized Her Total Utility by Buying Different

Multiple Choice

Suppose Katy Lucus maximized her total utility by buying different quantities of a variety of goods. Now suppose the price of one good rises. She then buys less of thatgood because the

A) MU/P of that good falls below the MU/P of other goods
B) MU/P of that good rises above the MU/P of other goods
C) marginal utility of that good diminishes
D) total utility of that good diminishes
E) marginal utility of that good rises