For a Consumer to Maximize Utility from a Given Income

Multiple Choice

For a consumer to maximize utility from a given income,

A) the marginal utility from each good must be maximized.
B) the total utility from each good must be maximized.
C) the marginal utilities of all goods and services consumed must be equal.
D) the marginal utility per dollar from all goods and services consumed must be equal.
E) the amount of each good consumed per dollar must be equal.