WAEC Economics 2025 Objective — Question 7
Question 7 of 51 from the West African Examinations Council (WAEC) Economics 2025 Objective paper, with the correct answer and a full explanation.
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A rational consumer of a normal good, ceteris paribus, will do the following except
- A. ensuring marginal utility is equal to its price.
- B. buying more as income rises.
- C. maximizing his satisfaction.
- D. buying more at a higher price.Correct
Explanation
A rational consumer buys less, not more, as price rises; buying more at a higher price contradicts the law of demand.
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