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Steven Consumes Only Two Goods, Both of Which Are Normal

Question 399

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Steven consumes only two goods, both of which are normal goods.He is currently maximizing his utility in consumption of both goods.Now assume the price of one of the goods falls.As he adjusts to this event:
A.the marginal utility of the good whose price changed will rise, and the marginal utility of the other good will fall.
B.the marginal utility of the good whose price changed will rise, and the marginal utility of the other good will also rise.
C.the marginal utility of the good whose price changed will fall, and the marginal utility of the other good will also fall.
D.the marginal utility of the good whose price changed will fall, and the marginal utility of the other good will rise.

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