You are trying to decide how to spend your last lunch dollar. You should use that dollar to buy more of the item:
A)that costs the least.
B)that gives you the highest average utility per dollar.
C)that gives you the highest marginal utility per dollar.
D)from which you already have gained the greatest total utility.

Question

Quizplus · Accepted Answer

Buying the item that provides the highest marginal (or, additional)utility per dollar will add the most to total utility. Note that marginal utility per dollar is not the same as average utility per dollar.

You Are Trying to Decide How to Spend Your Last