Consumers do not buy as many units of each good as they want because
A) of the law of diminishing marginal utility.
B) they have limited incomes.
C) they do not know what they want in all situations.
D) eventually marginal utility equals zero.

Question

Quizplus · Accepted Answer

Consumers have limited incomes and have to make choices about how to allocate their funds among competing goods and services. This typically results in them not being able to buy as many units of each good as they want.

Consumers Do Not Buy as Many Units of Each Good