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Consumers Spend Their Incomes to Get the Maximum Benefit or Satisfaction

Question 218

Multiple Choice

Consumers spend their incomes to get the maximum benefit or satisfaction from the goods and services they purchase.This is a reflection of:


A) resource scarcity and the necessity of choice.
B) purposeful behaviour.
C) marginal costs which exceed marginal benefits.
D) the tradeoff problem which exists between competing goals.

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