Solved

If a Consumer Purchases Any Combination of Goods on Her

Question 14

Multiple Choice

If a consumer purchases any combination of goods on her budget constraint ________.


A) she will minimize total utility
B) she will exhaust her entire income
C) she will maximize her marginal utility obtained from the consumption of each additional amount of both goods
D) she will maximize her marginal benefit obtained from the consumption of each additional amount of both goods

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions