The Utility-Maximizing Rule Says That Consumers Must

question 181

Multiple Choice

The utility-maximizing rule says that consumers must

• A) only allocate the entire available budget.
• B) only make the marginal utility per dollar the same for all goods.
• C) allocate the entire available budget and make the marginal utility per dollar the same for all goods.
• D) either allocate the entire available budget or make the marginal utility per dollar the same for all goods but not both.
• E) None of the above answers are correct.

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