Multiple Choice
A consumer attains equilibrium by _____.
A) consuming all goods to the point where the marginal utility of each are equal
B) consuming all goods to the point where the total utility of each are equal
C) allocating income such that the total amount spent on each good is equal
D) allocating income such that the marginal utility of the last dollar spent on each good is the same
Correct Answer:

Verified
Correct Answer:
Verified
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