The Theory of Consumer Choice Is Based on the Hypothesis

question 210

Multiple Choice

The theory of consumer choice is based on the hypothesis that each consumer wants to

• A)maximize her total utility.
• B)maximize her marginal utility.
• C)minimize the rate at which her marginal utility diminishes.
• D)minimize the percentage of her consumption diverted to inferior goods.

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An African American leader and prominent figure in the Nation of Islam who advocated for civil rights and black empowerment until his assassination in 1965.

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