Multiple Choice
For a consumer to maximize utility,
A) marginal utility should equal marginal benefit.
B) price should equal marginal benefit.
C) marginal benefit should equal total utility.
D) price should equal marginal utility.
E) price should equal marginal cost.
Correct Answer:
Verified
Related Questions
Q82: The market demand curve is the sum
Q83: Suppose that a consumer's total benefit is
Q84: Individual demand tells us the
A)minimum amount an
Q85: After consuming five units of a good,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents