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Economics (AS & A Level) · Oct / Nov 2021 · Paper 33 · Question 4

9708Utility

What is held constant when deriving an individual consumer's downward-sloping demand curve for a product?

  1. Amarginal utility
  2. Bthe consumer's income
  3. Cthe price of the product
  4. Dtotal utility

As printed in the paper

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Correct answer: B. the consumer's income

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