Total Utility Is Maximized in the Consumption of Two Goods

question 31

Multiple Choice

Total utility is maximized in the consumption of two goods by

• A)equating the marginal utility for each good consumed.
• B)equating the marginal utility per dollar for each good consumed.
• C)equating the total utility of each good divided by its price.
• D)maximizing expenditure on each good.

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Definitions:

Anterior View

Observation or representation of the front side of an organism or anatomical structure.

Sacral Region

The sacral region refers to the lower part of the spine, composed of five sacral vertebrae, which are fused together to support the weight of the upper body and play a key role in connecting the spine to the hip bones.

Antecubital

The area located at the front of the elbow.

Directional Terminology

A set of terms used to describe the relative locations of parts of the body in relation to each other.