To Be in Equilibrium (I

question 35

Multiple Choice

To be in equilibrium (i.e., to maximize satisfaction) , the consumer must:

• A)purchase no inferior goods.
• B)equalize the marginal utilities of the last unit purchased of every commodity.
• C)be sure that the prices of all commodities purchased are proportional to their total utilities.
• D)be sure that the price of each good is equal to the marginal utility of money.
• E)allocate income so that the last penny spent on any good generates the same increment of utility as the last penny spent on any other good.

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Definitions:

Organic Product

A term referring to a wide range of chemical compounds that emerge as the result of organic reactions.

Major Organic

Referring to the primary or most significant organic compound or pathway present in a particular chemical process or context.

Organic Product

Organic product refers to any compound containing carbon atoms that is produced as a result of an organic chemical reaction.

Primary Alcohols

Organic compounds featuring a hydroxyl group (-OH) attached to a primary carbon atom, often reactive and used in the production of various chemicals and solvents.