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    Microeconomics Study Set 45
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    Exam 7: Utility Maximization
  5. Question
    In Deciding What to Buy, the Consumer Will Choose the Good
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In Deciding What to Buy, the Consumer Will Choose the Good

Question 335

Question 335

Multiple Choice

In deciding what to buy, the consumer will choose the good with the


A) highest marginal utility.
B) lowest price.
C) highest marginal utility-to-price ratio.
D) lowest marginal utility-to-price ratio.

Correct Answer:

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