Multiple Choice
To reach the consumer optimum for two goods,the
A) ratio of marginal utility to price for both goods must be equal.
B) marginal utility for both goods must be equal.
C) total utility for both goods must be equal.
D) ratio of total utility to price for both goods must be equal.
E) price of both goods must be equal.
Correct Answer:
Verified
Correct Answer:
Verified
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