Multiple Choice
According to the utility theory, in "consumer equilibrium," households have:
A) consumed as much of every commodity as they would like.
B) spent their incomes in such a way that their overall satisfaction is maximized.
C) spent their incomes in such a way that their marginal utility is maximized.
D) spent their incomes in such a way that their marginal utility is zero for every product consumed.
E) spent their incomes in such a way that their total utility is zero.
Correct Answer:

Verified
Correct Answer:
Verified
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