When Frankie Spends All His Money in Such a Way

question 339

Multiple Choice

When Frankie spends all his money in such a way that the marginal utility per dollar is the same for all final purchases of products he consumes, Frankie has maximized

• A) his marginal utility.
• B) his total utility.
• C) the number of products he consumes.
• D) his total expenditure on all products.

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