To maximize her utility, Pat should spend all of her money and buy goods in a way that
A) the marginal utility of the last unit of each good is the same.
B) the marginal utility per dollar from each good is the same.
C) her total expenditure on each good is the same.
D) her price elasticity of demand for each good is the same.

Question

Quizplus · Accepted Answer

The Answer of To maximize her utility, Pat should spend all of her money and buy goods in a way that
A) the marginal utility of the last unit of each good is the same.
B) the marginal utility per dollar from each good is the same.
C) her total expenditure on each good is the same.
D) her price elasticity of demand for each good is the same.

To Maximize Her Utility, Pat Should Spend All of Her