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Maxine Has a Fixed Income Per Month to Spend on Goods

Question 22

Multiple Choice

Maxine has a fixed income per month to spend on goods and services,so in allocating her limited income over a set of goods,she should purchase the goods that


A) have the highest utility regardless of price.
B) have the highest marginal utility.
C) provide the most utility per dollar spent.
D) have equal marginal utilities.

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