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

-According to utility theory, a consumer is in equilibrium when:

A) total income is spent.
B) marginal utility per dollar spent for a good is maximized.
C) total utility per unit of a good is maximized.
D) total utility per dollar spent is equal for all goods.
E) marginal utility per dollar spent is equal for all goods.