As a Consumer Allocates Income Between Good a and Good

question 156

Multiple Choice

As a consumer allocates income between Good A and Good B,total utility is maximized when _____

• A)the marginal utility of Good A = the marginal utility of Good B.
• B)the marginal utility of Good A = the marginal utility of Good B = 0.
• C)the price of Good A = the price of Good B.
• D)the marginal utility of Good A/the price of Good A = the marginal utility of Good B/the price of Good B = 0.
• E)the marginal utility of Good A/the price of Good A = the marginal utility of Good B/the price of Good B.

---

Definitions:

Collectivist Cultures

Societies that prioritize the group over the individual, emphasizing community, cooperation, and shared values.

Computers

Electronic devices designed to process, store, and communicate information, executing complex instructions through programming to perform a wide range of tasks.

Unregulated Aspects

Components or factors of a system or process that are not controlled or governed by regulations or laws.

Internet

A global network of interconnected computers and servers that enables the sharing of data, communication, and access to web resources.