Multiple Choice
If the price of cantaloupe increases, the marginal utility per dollar of cantaloupe:
A) decreases, so the consumer buys fewer cantaloupes, and the demand curve for cantaloupes slopes downward.
B) increases, so the consumer buys more cantaloupes, and the demand curve for cantaloupes slopes downward.
C) increases, so the consumer buys fewer cantaloupes, and the demand curve for cantaloupes slopes downward.
D) decreases, so the consumer buys fewer cantaloupes, and the demand curve for cantaloupes slopes upward.
Correct Answer:

Verified
Correct Answer:
Verified
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