The utility-maximizing rule says that a person will maximize utility by choosing goods so that the marginal utility for each good is equal.

Name: The utility-maximizing rule says that a person will maximize utility by choosing goods so that the marginal utility for each good is equal.
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The utility-maximizing rule states that a person will maximize utility by choosing goods so that the ratio of marginal utility to price is equal for all goods, not just the marginal utility itself.

The Utility-Maximizing Rule Says That a Person Will Maximize Utility