Multiple Choice
The ______ combination of goods is the combination of goods that yields the highest total utility given the consumer's income.
A) affordable
B) economical
C) utility satiating
D) optimal
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q2: The fact that the average price of
Q3: Suppose you want to equalize your marginal
Q4: Sven likes to water ski,but can only
Q5: Assume that Dusty has $30 in income,the
Q6: Sven likes to water ski,but can only
Q7: Sven likes to water ski,but can only
Q9: This graph shows one consumer's demand for
Q10: The term marginal utility denotes the amount
Q11: Curly loves pizza,and often has supper at
Q64: The tendency for marginal utility to decline