A tax provision that works much like a negative income tax is the

Kirk consumes normal goods. If Kirk's income decreases and the prices of all goods remain unchanged, in his new consumer equilibrium, his marginal utility from each good will ________ and his total utility will ________

A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease

If one firm left a duopoly market where the firms did not cooperate then

a. price and quantity would rise b. price would rise and quantity would fall. c. quantity would rise and price would fall. d. quantity and price would fall.