The Below Table Shows the Average Utility (In Utils) Obtained

Multiple Choice

The below table shows the average utility (in utils) obtained from the consumption of goods A and B.Table 7.3

-The equimarginal principle illustrates:

A) that consumers are essentially robots.
B) that people behave irrationally.
C) that people behave in rather consistent ways in order to maximize happiness.
D) that people behave in rather inconsistent ways.
E) that people will spend all their incomes.