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-Refer to the Table Above

Question 48

Multiple Choice

  -Refer to the table above.When the price of Good B decreases from $2 to $1,the extra utility from spending an extra dollar on Good B associated with 1 unit of consumption A)  falls from 33 to 16.5. B)  rises from 20 to 40. C)  rises from 33 to 40. D)  falls from 20 to 13.3. E)  remains constant.
-Refer to the table above.When the price of Good B decreases from $2 to $1,the extra utility from spending an extra dollar on Good B associated with 1 unit of consumption


A) falls from 33 to 16.5.
B) rises from 20 to 40.
C) rises from 33 to 40.
D) falls from 20 to 13.3.
E) remains constant.

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