Multiple Choice
If Frank has been consuming 10 tacos per week at a consumer optimum, and the price of tacos falls, how will Frank respond?
A) He will save more income.
B) He will buy more of everything.
C) He will buy more tacos.
D) He will buy more of everything except tacos.
Correct Answer:

Verified
Correct Answer:
Verified
Q366: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -According to the
Q367: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q368: If a consumer chooses a combination of
Q369: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q370: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Use the above
Q372: A rational person will NEVER consume a
Q373: When the price of a normal good
Q374: When economists refer to people making decisions
Q375: The fact that the price of diamonds
Q376: After consuming what quantity of donuts does