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-If Sue Is Consuming Two Normal Goods and Her Income

Question 20

Multiple Choice

  -If Sue is consuming two normal goods and her income decreases, then her best affordable bundle of goods will contain ________ goods with ________ marginal rate of substitution as her bundle prior to her income change. A)  less; the same B)  less; a higher C)  less; a lower D)  the same amount of; a lower
-If Sue is consuming two normal goods and her income decreases, then her best affordable bundle of goods will contain ________ goods with ________ marginal rate of substitution as her bundle prior to her income change.


A) less; the same
B) less; a higher
C) less; a lower
D) the same amount of; a lower

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