The Consumer Optimum for Consuming Two Goods Is Achieved When

question 49

Multiple Choice

The consumer optimum for consuming two goods is achieved when

• A) the total utility from each good is equal.
• B) the price of each good is equal.
• C) the price multiplied by the marginal utility is equal for the two goods.
• D) the marginal utility per last dollar spent is equal for the two goods.

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