When a Consumer Maximizes Utility Subject to a Limited Income,she

question 4

Multiple Choice

When a consumer maximizes utility subject to a limited income,she allocates income across goods to the point that:

• A) the marginal price is the same for all goods.
• B) marginal utility is zero.
• C) marginal utility is negative.
• D) the marginal utility per dollar spent is the same for all goods.

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