The theory of bounded rationality suggests that as price rises:
A) MU/P may not decline.
B) MU/P will always decline.
C) the opportunity cost of the good will decline.
D) marginal utility will decline.

Question

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The Answer of The theory of bounded rationality suggests that as price rises:
A) MU/P may not decline.
B) MU/P will always decline.
C) the opportunity cost of the good will decline.
D) marginal utility will decline.

The Theory of Bounded Rationality Suggests That as Price Rises