Carson, who is currently maximizing his utility, likes to go to musicals and concerts. If the price of concerts increases
A) Carson will be temporarily in a state of disequilibrium and thus go to more concerts and fewer musicals in order to maximize his marginal utility per dollar.
B) Carson will be temporarily in a state of disequilibrium and thus go to fewer concerts and more musicals in order to maximize his marginal utility per dollar.
C) Carson's demand for concerts will decrease.
D) Carson's marginal utility per dollar for musicals will increase.
Correct Answer:
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