A Consumer Attains Equilibrium by _____

question 8

Multiple Choice

A consumer attains equilibrium by _____.

• A)consuming all goods to the point where the marginal utility of each are equal
• B)consuming all goods to the point where the total utility of each are equal
• C)allocating income such that the total amount spent on each good is equal
• D)allocating income such that the marginal utility of the last dollar spent on each good is the same