To maximize utility from the purchase of expensive candy that costs twice as much as cheap candy, the added satisfaction from the expensive candy should be:

Question

Quizplus · Accepted Answer

The added satisfaction (or marginal utility) from the expensive candy should be at least twice as great as that from the cheap candy to justify its cost, aligning with the principle of equating the marginal utility per dollar spent across goods for optimal consumption.

To Maximize Utility from the Purchase of Expensive Candy That