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    Microeconomics Study Set 45
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    Exam 7: Utility Maximization
  5. Question
    A Consumer Maximizes Total Utility When She or He Purchases
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A Consumer Maximizes Total Utility When She or He Purchases

Question 319

Question 319

True/False

A consumer maximizes total utility when she or he purchases the combination of the two products at which her or his budget line is tangent to an indifference curve.

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