Christine is allocating her household expenditure between cleaning services and gardening services in order to maximize the household's total utility.For the quantities of cleaning and gardening services she has chosen,an increase in the price of cleaning service will,ceteris paribus,
A) increase the marginal utility of a unit of cleaning service.
B) have no effect on the marginal utility per dollar spent on cleaning service.
C) reduce the marginal utility of a unit of cleaning service.
D) reduce the marginal utility per dollar spent on cleaning service.
E) increase the marginal utility per dollar spent on cleaning service.
Correct Answer:
Verified
Q51: The table below shows the quantities
Q52: The "law" of diminishing marginal utility implies
Q53: The table below shows the total
Q54: The table below shows the total
Q55: FIGURE 6- 2 Q57: Suppose there are only two goods,A and Q58: The table below shows the quantities
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