Multiple Choice
When Chris maximises his total utility, then his entire available budget is allocated in such a way that the
A) marginal utility is as large as possible for goods.
B) quantities consumed of each good are equal.
C) marginal utility per dollar is equal for all goods.
D) marginal utility will start decreasing if he consumes fewer goods.
E) marginal utility of all goods is equal.
Correct Answer:

Verified
Correct Answer:
Verified
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