1. Arrow up or down: A tax on soft drinks will ______the marginal bang per buck on soft drinks and ______the consumption of goods for which the is now higher.

2. Arrow up or down: The selling of individual songs online rather than bundles of songs on CDs ______the utility of the typical consumer and ______the incentive for music piracy.

3. Arrow up or down: Lawrence consumes harps (horizontal axis) and violins (vertical axis). As he moves downward along the budget line, the quantity of harps ______, the quantity of violins ______, marginal utility of harps ______, and the marginal utility of violins ______.

4. The equimarginal rule tells us that utility is maximized when a consumer equalizes the ______ per on each product consumed.

5. Terry is consuming the utility-maximizing combination of MP3 tunes and paintball sessions. The price of MP3 tunes is $1 and the price of paintball sessions is $6. The marginal utility of MP3 tunes is 4. The marginal utility of paintball sessions is ______.

6. Suppose a consumer has a fixed amount to spend each week on iTunes songs ($1 each) and movies ($6 each). For the combination she chose this week, the marginal utility of movies is 30 and the marginal utility of songs is 3. For next week she should ______ (increase/decrease) the number of songs and ______ (increase/decrease) the number of movies.