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There Are Two Conditions Necessary for a Consumer to Maximize

Question 68

Multiple Choice
There are two conditions necessary for a consumer to maximize her utility.One is that the marginal utilities per dollar spent on each good and service consumed are equal.What is the other condition? A)Total spending on all goods and services must equal the amount available to be spent. B)The consumer must be satisfied with the choices she makes. C)The total spent on each good and service is the same. D)The prices of each good and service consumed must not be too high.

There are two conditions necessary for a consumer to maximize her utility.One is that the marginal utilities per dollar spent on each good and service consumed are equal.What is the other condition?


A) Total spending on all goods and services must equal the amount available to be spent.
B) The consumer must be satisfied with the choices she makes.
C) The total spent on each good and service is the same.
D) The prices of each good and service consumed must not be too high.

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