Beginning at the vertical axis intercept,as a consumer moves down the budget line,she will find that
A)the marginal utility per dollar spent on the vertical axis good decreases
B)the marginal utility per dollar spent on the vertical axis good increases
C)the marginal utility per dollar spent on the horizontal axis good increases
D)the marginal utilities per dollar spent on both goods increase
E)the marginal utilities per dollar spent on both goods remain constant along that particular budget line

Question

Quizplus · Accepted Answer

The Answer of Beginning at the vertical axis intercept,as a consumer moves down the budget line,she will find that
A)the marginal utility per dollar spent on the vertical axis good decreases
B)the marginal utility per dollar spent on the vertical axis good increases
C)the marginal utility per dollar spent on the horizontal axis good increases
D)the marginal utilities per dollar spent on both goods increase
E)the marginal utilities per dollar spent on both goods remain constant along that particular budget line

Beginning at the Vertical Axis Intercept,as a Consumer Moves Down