In an indifference curve/budget line diagram, generally when the price of a good increases, the consumer purchases ________ of the good and moves to a ________ indifference curve

The principle of diminishing marginal utility says that:

a. as more of a good or service is consumed, demand decreases. b. as more of a good or service is consumed, the price will rise. c. the marginal utility of additional units consumed increases. d. an increase in income causes demand to increase. e. the marginal utility of additional units consumed decreases.

According to the U.S. Department of Commerce, all persons, unrelated or related, who occupy a housing unit comprise

a. a family unit. b. a household. c. an extended family unit. d. group living.