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Let MUx = Marginal Utility from good X, TUx = Total Utility from good X, MUy = Marginal Utility from good Y, and TUy =
Let MUx = Marginal Utility from good "X", TUx = Total Utility from good "X", MUy = Marginal Utility from good "Y", and TUy = Total Utility from good "Y". Assuming diminishing marginal utility for both goods, if a consumer shifts money income from the purchase of good "X" to good "Y" then:
MUx decreases and TUx decreases.
None of the other responses is correct.
MUy increases and TUy decreases.
MUx increases and TUx increases.
MUy decreases and TUy increases.
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