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guapka [62]
2 years ago
12

According to rational consumer choice, what will happen to the optimal quantity of consumption for a good if the price increases

?
a) it will increase along with the total utility
b) it will decrease
c) it will increase
d) it will be unaffected
e) insufficient data to determine
Social Studies
1 answer:
S_A_V [24]2 years ago
7 0

According to rational consumer choice, the optimal quantity of consumption for a good if the price increases will c) it will increase.

<h3>What is rational consumer choice?</h3>

The rational consumer choice explains that individuals use their self-interests  in making their choices  which gives them with the greatest benefit.

In this case, According to rational consumer choice, the optimal quantity of consumption for a good if the price increases will c) it will increase.

Learn more about consumer choice on:

brainly.com/question/380037

#SPJ1

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