Bianca spends all her income on pizza and water. When the price of pizza increases, other things remaining the same, which of the following events does marginal utility theory predict?

Question

Answer

Bianca's demand curve for pizza will shift leftward.

Answer

Bianca's marginal utility from pizza will not change.

Answer

Bianca will buy more pizza.

Answer

Bianca will buy less pizza.

Answer

Bianca's total utility from pizza will increase.

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Bianca spends all her income on pizza and water. When the price of pizza increas...

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