Multiple Choice
Which of the following statements is true?
A) If a consumer is in equilibrium, it does not necessarily follow that he or she is also achieving the greatest total utility.
B) If a consumer is in equilibrium, it necessarily follows that he or she is also achieving the greatest total utility.
C) If a consumer is attaining the greatest marginal utility, then it necessarily follows that he or she is also achieving the greatest total utility.
D) If a consumer is attaining the greatest total utility, then it necessarily follows that he or she is also achieving the greatest marginal utility.
Correct Answer:

Verified
Correct Answer:
Verified
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