If a Rational Consumer Is in Equilibrium,which of the Following

question 21

Multiple Choice

If a rational consumer is in equilibrium,which of the following conditions will hold true?

• A) MU_a = MU_b = MU_c = ...= MU_n.
• B) The marginal utility of each good purchased will be zero.
• C) The marginal utility of the last dollar spent on each good purchased will be the same.
• D) The total utility obtained from each good purchased will be the same.

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