Multiple Choice
The theory of consumer behavior assumes that consumers attempt to maximize
A) the difference between total and marginal utility.
B) total utility.
C) average utility.
D) marginal utility.
Correct Answer:

Verified
Correct Answer:
Verified
Q97: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" Given the indifference
Q98: Suppose a consumer has an income of
Q99: The table shows a consumer's utility schedule.
Q100: The table shows the total utility data
Q101: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" The data illustrate
Q103: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" Which of the
Q104: The fact that an ounce of gold
Q105: Children who dislike brussels sprouts exemplify the
Q106: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" Refer to the
Q107: Theft and burglary<br>A)can be viewed as attempts