Multiple Choice
-For a consumer to maximise utility, in part the consumer must
A) make the marginal utility per dollar from each good as different as possible for all goods.
B) spend as little of the budget as possible.
C) allocate the entire available budget.
D) make the marginal utility per dollar from each good as small as possible for all goods.
E) Answers A and B are both correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q66: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The figure above
Q67: If the slope of the budget line
Q68: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The figure above
Q69: If a consumer has $30 to spend
Q70: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -Sue consumes oysters
Q72: If you get 40 units of utility
Q73: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -Juan's marginal utility
Q74: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The table above
Q75: As more of a good is consumed,
Q76: Over the past 10 years, the price