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Total Utility Is Maximized When _____

Question 15

Multiple Choice

Total utility is maximized when _____.


A) marginal utility is maximized
B) marginal utility is the same for all goods consumed
C) marginal utility per dollar expenditure is maximized
D) marginal utility per dollar expenditure is the same for all goods consumed
E) any change in purchasing from good A to good B reduces marginal satisfaction

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