menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Today
  4. Exam
    Exam 20: Consumer Choice
  5. Question
    If a Consumer Is Initially at an Optimum, and Then
Solved

If a Consumer Is Initially at an Optimum, and Then

Question 205

Question 205

Multiple Choice

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


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q67: What is utility and what are its

Q87: The consumer optimum is defined as<br>A) the

Q152: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Use the above

Q169: The diamond-water paradox is an example that

Q201: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5013/.jpg" alt=" -Refer to the

Q202: The price of hamburgers is $2 and

Q206: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5013/.jpg" alt=" -Refer to the

Q207: The principle that "as more of a

Q247: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Adam has 3

Q314: Utility refers to<br>A) the usefulness of a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines