Which of the following would lead a utility-maximizing consumer to search for additional information?
a. an increase in income
b. an increase in the marginal cost of information
c. improved technology (e.g., Internet search programs)
d. a reduction in the dispersion of prices
e. an increase in the consumer's wage rate
C
Economics
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When the Fed ________ the money stock, the money supply curve shifts to the ________ and the interest rate ________, everything else held constant
A) decreases; right; rises B) increases; right; falls C) decreases; left; falls D) increases; left; rises
Economics
What adjustments need to be made to go from national income to GDP?
What will be an ideal response?
Economics