ECON 2001.03H Lecture Notes - Lecture 1: Marginal Utility

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Published on 17 Sep 2020
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Thoughtprocess how
wouldtheShiftchangebuyer'sresponse
A
B
C
D
Is it askingmore about the value
AAn increase in thepriceof Indian food decreases its
value thereforedecreasing the value of that of
Chinesefood lay an alternate option
Shouldnt thedecrease make Chinese
food wedeti rash
B
CIts salary increases the valueofthejobincreases
as men of thealternative studying
DAdecrease in the priceofgasmakesdriving moredesirable
thereforeincreating its alternatives more desirableas well
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