There Are Two Conditions Necessary for a Consumer to Maximize

question 33

Multiple Choice

There are two conditions necessary for a consumer to maximize her utility.One is that the marginal utilities per dollar spent on each good and service consumed are equal.What is the other condition?

• A)Total spending on all goods and services must equal the amount available to be spent.
• B)The consumer must be satisfied with the choices she makes.
• C)The total spent on each good and service is the same.
• D)The prices of each good and service consumed must not be too high.

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Definitions:

Lateral Bone

is not a recognized specific anatomical term for a single bone; the term may refer to any bone located on the side part of a body or limb. NO.

Forearm

The part of the arm located between the elbow and the wrist; it contains two major bones, the radius and ulna.

Radius

One of the two large bones in the forearm, positioned on the side of the thumb, important for wrist and arm movement.

Upper Limb

The part of the human body extending from the shoulder to the hand, including the arm, forearm, and hand.