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Which of the Following Is True of the Well-Being of a Consumer

Question 29

Multiple Choice

Which of the following is true of the well-being of a consumer as represented by a demand curve?


A) The consumer's well-being decreases with a rightward shift of the demand curve.
B) The consumer's well-being varies along a demand curve.
C) The consumer's well-being remains constant along a demand curve only in case of an inferior good.
D) The consumer's well-being is very low when the demand curve is parallel to the price axis.

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