As price falls along the demand curve for pretzels,_____
A)consumer surplus remains unchanged.
B)consumer surplus decreases.
C)total utility decreases.
D)consumer expenditure changes.
E)marginal utility increases.

Question

Quizplus · Accepted Answer

As price falls along the demand curve for pretzels, consumer expenditure changes because the amount spent by consumers on pretzels is a function of both the price of pretzels and the quantity of pretzels purchased.

As Price Falls Along the Demand Curve for Pretzels,_____