A utility-maximizing consumer equalizes marginal utilities across all goods.
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Q59: Negative marginal utility means that
A)total utility is
Q60: Exhibit 6-5 Q61: Suppose that for Jason the marginal utility Q62: As a consumer allocates income between good Q63: If Ellie Mae spends her income on Q65: Suppose you go to a wedding reception Q66: Assume that you allocate your income to Q67: If Dalene's marginal benefit from consuming another Q68: In terms of utility theory, "equilibrium" in Q69: Consumers must understand the law of diminishing
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