If a Consumer Allocates Income Between Goods a and B

Multiple Choice

If a consumer allocates income between goods A and B, total utility is maximized when:

A) the marginal utility of A = the marginal utility of B.
B) the marginal utility of A = the marginal utility of B = 0.
C) the price of A = price of B.
D) marginal utility of A / price of A = marginal utility of B / price of B = 0.
E) marginal utility of A / price of A = marginal utility of B / price of B.