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Suppose a Utility-Maximizing Person Consumes Only Two Goods,hamburgers and Milkshakes

Question 129

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Suppose a utility-maximizing person consumes only two goods,hamburgers and milkshakes.Suppose the price of milkshakes rises and all other variables remain constant.As a result,this person will certainly


A) purchase more milkshakes and fewer hamburgers.
B) reduce his/her consumption of both milkshakes and hamburgers.
C) consume more hamburgers and the same amount of milkshakes.
D) not increase his consumption of both milkshakes and hamburgers.
E) increase his/her consumption of milkshakes.

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