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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 43
Colin Kelley maximizes his utility when ________.
A) the marginal utility of everything he buys is equal to its price
B) the marginal utility of everything he buys is zero
C) he no longer enjoys a consumer surplus
D) he buys only the lowest-priced goods and services
A) the marginal utility of everything he buys is equal to its price
B) the marginal utility of everything he buys is zero
C) he no longer enjoys a consumer surplus
D) he buys only the lowest-priced goods and services
Explanation
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Verified
Utility based buying decision does not d...
Microeconomics 9th Edition by Stephen Slavin
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