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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 28
A state of consumer equilibrium for goods consumed prevails when the
A) marginal utility of all goods is the same for the last dollar spent for each good.
B) marginal utility per dollar's worth of two goods is the same for the last dollar spent for each good.
C) price of two goods is the same for the last dollar spent for each good.
D) marginal cost per dollar spent on two goods is the same for the last dollar spent for each good.
A) marginal utility of all goods is the same for the last dollar spent for each good.
B) marginal utility per dollar's worth of two goods is the same for the last dollar spent for each good.
C) price of two goods is the same for the last dollar spent for each good.
D) marginal cost per dollar spent on two goods is the same for the last dollar spent for each good.
Explanation
Verified
Verified
The consumer equilibrium continues when ...
Economics for Today 9th Edition by Irvin Tucker
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