Skip to content
MathsGenie logo
Open app

Course home

  1. A Level
  2. Economics AQA
  3. Question bank

1.2 Individual economic decision making (A-level only)

EasyMediumHard
12345678910
Question 1

A fitness enthusiast purchases 6 artisanal protein bars per week to maximize their total utility from this product.

The price of these protein bars increases by 30%, causing the consumer's weekly consumption of the bars to change.

Which one of the following combinations shows the most likely changes in the consumer's total utility from the protein bars and the marginal utility of the last bar consumed?

Total Utility: Decrease∣Marginal Utility: Decrease\text{Total Utility: Decrease} \quad | \quad \text{Marginal Utility: Decrease}Total Utility: Decrease∣Marginal Utility: Decrease

Total Utility: Decrease∣Marginal Utility: Increase\text{Total Utility: Decrease} \quad | \quad \text{Marginal Utility: Increase}Total Utility: Decrease∣Marginal Utility: Increase

Total Utility: Increase∣Marginal Utility: Decrease\text{Total Utility: Increase} \quad | \quad \text{Marginal Utility: Decrease}Total Utility: Increase∣Marginal Utility: Decrease

Total Utility: Increase∣Marginal Utility: Increase\text{Total Utility: Increase} \quad | \quad \text{Marginal Utility: Increase}Total Utility: Increase∣Marginal Utility: Increase

1.2 Individual economic decision making (A-level only) Questions

  1. A Level
  2. /Economics
  3. /1.2 Individual economic decision making (A-level only)