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    Economics An Introduction
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    Exam 28: Consumption Theory: Demand
  5. Question
    Explain How Consumers Maximize Their Utility (Joy) Within the Bounds
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Explain How Consumers Maximize Their Utility (Joy) Within the Bounds

Question 32

Question 32

Essay

Explain how consumers maximize their utility (joy) within the bounds of their income.
-Is it possible to consume goods until their marginal utility goes to zero? Why or why not?

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