Along the demand curve for a good,_____
A)the dollar value of marginal utility changes.
B)total utility changes because of changes in income levels.
C)real income changes because of changes in the price of the good.
D)marginal valuation changes because of changes in income levels.
E)consumer surplus changes because of changes in income levels.

Question

Quizplus · Accepted Answer

Along the demand curve, the price of the good changes, which affects the dollar value of marginal utility. The lower the price, the higher the quantity demanded and the higher the marginal utility, and vice versa. Therefore, the dollar value of marginal utility changes along the demand curve. The other options are not directly related to changes along the demand curve.

Along the Demand Curve for a Good,_____