Answer
Option c. TU and MU curves would shift downward.
Work Step by Step
From the attached figure, it is clear that when the taste for Tacos is diminished then Tacos will have lesser marginal utility. Thus, TU and MU curves will shift downwards.
Economics: Principles, Problems, and Policies, 19th Edition
by McConnell, Campbell R.; Brue, Stanley L.; Flynn, Sean M.
Published by
McGraw-Hill Education
ISBN 10:
0073511447
ISBN 13:
978-0-07351-144-3
Chapter 6 - Consumer Behavior - Quick Quiz for Figure 6.1 - Page 118: 4
Update this answer!
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.
