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    Economics Today
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    Exam 20: Consumer Choice
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    If a Consumer Is Initially at an Optimum, and Then
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If a Consumer Is Initially at an Optimum, and Then

Question 284

Question 284

Multiple Choice

If a consumer is initially at an optimum, and then the price of Y falls, then


A) If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . / If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . < If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . / If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . .
B) If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . / If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . > If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . / If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . .
C) If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . / If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . = If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . / If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . .
D) If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . / If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . > If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . / If a consumer is initially at an optimum, and then the price of Y falls, then A)    /   <   /   . B)    /   >   /   . C)    /   =   /   . D)    /   >   /   . .

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