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When the price of a good rises, marginal utility per dollar spent on that good leading consumers to purchase of that good. Multiple Choice falls;
When the price of a good rises, marginal utility per dollar spent on that good leading consumers to purchase of that good.
Multiple Choice
falls; more
falls; less
rises; more
rises: less
Prey
of
Nextrit
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
