Multiple Choice
If Soula is maximizing her utility,and two goods have the same marginal utility,she
A) buys only one.
B) buys equal quantities of both.
C) is paying the same price for each good.
D) receives the same total utility from each good.
E) none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q17: When total utility is increasing,marginal utility<br>A)is negative.<br>B)must
Q18: The high price of diamonds relative to
Q42: Harold can consume either pens or milkshakes.
Q66: In consumer equilibrium,a consumer equates the<br>A)total utility
Q72: Use the table below to answer the
Q80: Use the table below to answer the
Q103: If Ms. Petersen is maximizing her utility
Q111: Let MUA and MUB stand for the
Q114: Which one of the following is not
Q115: Sergio is maximizing utility in his consumption