A Consumer's Utility Is Maximized When the Marginal Utilities Derived

question 36

Multiple Choice

A consumer's utility is maximized when the marginal utilities derived from additional units of goods _____

• A)are less than their market prices.
• B)are equal to the total utilities derived from consumption.
• C)are maximized.
• D)are equal to the opportunity costs of producing additional units of goods.
• E)are exactly proportional to their market prices.

---

Definitions:

Discontinued Operation

A segment of a company's business that has been sold, ceased to operate, or is scheduled for termination.

Statement of Income

The statement of income, also known as an income statement or profit and loss statement, is a financial document that outlines a company's revenues, expenses, and net income over a specific period, demonstrating the company's financial performance.

Dividend Yield

The measure of how much a company pays out in dividends each year relative to its stock price, often expressed as a percentage.

Net Income

Net income is the total profit of a company after all expenses, taxes, and costs have been deducted from total revenues.