The ______ combination of goods is the combination of goods that yields the highest total utility given the consumer's income.
A)affordable
B)economical
C)utility satiating
D)optimal

Question

Quizplus · Accepted Answer

The optimal combination of goods is the most desirable point on the budget constraint curve (where it intersects with the highest possible indifference curve), which maximizes total utility given the consumer's income. Therefore, the optimal combination is the most efficient allocation of resources. Options A, B, and C don't accurately represent the concept of the optimal combination.

The ______ Combination of Goods Is the Combination of Goods