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beunique123! beunique123!
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5 years ago
A consumer has been buying 3 magazines and 1 book each month. The price of magazines then decreases, which directly causes the marginal utility per dollar spent on
A) magazines to increase, thereby inducing the consumer to purchase fewer magazines and more books.
B) magazines to increase, thereby inducing the consumer to purchase more magazines and fewer books.
C) books to increase, thereby inducing the consumer to purchase fewer magazines and more books.
D) books to decrease, thereby inducing the consumer to purchase fewer magazines and more books.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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ashlenashlen
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beunique123! Author
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5 years ago
Thank you for being such a great website leader! Your answer's right.
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