Multiple Choice
Suppose a person's utility is only a function of their consumption of diet soda and they do not care which brand,Diet Coke (DC) or Diet Pepsi (DP) they consume.Suppose further that .If PDC rises to a point where then the consumption of DC
A) Falls from a positive amount to zero
B) Falls from a positive amount to another positive amount.
C) rises.
D) stays at zero.
Correct Answer:

Verified
Correct Answer:
Verified
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