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James finds a new job that doubles his income. He adjusts his consumption. From this we know that for every normal good James buys, James's:
James finds a new job that doubles his income. He adjusts his consumption. From this we know that for every normal good James buys, James's:
a total utility will fall.
b marginal utility per dollar will fall.
c marginal utility per dollar will rise.
d marginal utility per dollar will stay constant.
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