The strategy that gives you as much happiness as possible is:
A) different when you have a higher budget than when you have a smaller budget.
B) to spend all of your budget on the cheapest good.
C) to spend all of your budget on the good that has the highest utility on the first unit of that good.
D) to buy more of whatever gives you the most marginal utility per dollar spent.

Question

Quizplus · Accepted Answer

The strategy to maximize happiness is to allocate your budget to purchase goods that provide the highest marginal utility per dollar spent, ensuring the most efficient use of resources for maximum satisfaction.

The Strategy That Gives You as Much Happiness as Possible