The Optimal Consumption Rule for All Goods Requires The

question 45

Multiple Choice

The optimal consumption rule for all goods requires the:

• A)marginal utility of all goods consumed divided by their respective prices to be equal to the budget constraint.
• B)marginal utility of all goods consumed to exceed the total utility of all goods.
• C)marginal utility of all goods consumed divided by their respective prices to be equal.
• D)prices of all goods to be equal.

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