Question:

James finds a new job that doubles his income. From this we know that for every nonormal good James buys?

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a. James's marginal utility per dollar will rise

b. James's marginal utility per dollar will fall

c. James's marginal utility per dollar will stay constant

d. James's total utility will fall

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3 ANSWERS


  1. d. James will be at work so much he won't be using utilities at home.


  2. c. James's marginal utility per dollar will stay constant

    Q#8: http://web.uvic.ca/~hschuetz/econ103/sol...

  3. c

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