Suppose we measure good X on the horizontal axis and other goods on the vertical axis.When the price-consumption curve for good X is:
A) upward-sloping,total expenditure on the good is increasing as the price falls.
B) downward-sloping,total expenditure on other goods is increasing as the price falls.
C) upward-sloping,total expenditure on the good is decreasing as the price falls.
D) upward-sloping,total expenditure on other goods is decreasing as the price falls.
Correct Answer:
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