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Economics
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if income falls then in new consumer equlibrium

 a )marginal utilty from normal good decrease 

b)marginal utilty from inferior good decrease 

c)total utilty from noral good increase

d )the marginal utility from  noral good increase

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Related questions

If the price of product X increases, then the resulting decline in the amount purchased will:
a. reduce the marginal utility of the last unit consumed of this good.
b. increase the marginal utility of the last unit consumed of this good.
c. necessarily increase the consumer's total utility from his total purchases.
d. increase the total utility from purchases of this good.
If an increase in income leads to a decrease in the demand for salami, then salami is:
a. an inferior good
b. a neutral good
c. a necessity
d. a normal good

34. Which of the following will not cause an increase in demand for good X? A) a decrease in income if good X is an inferior good B) an increase in income if good X is a normal good C) a decrease in the price of good X D) an increase in consumers' taste for good X

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