Wolfgang really likes both rutabagas and broccoli.The price of each good is $0.60 per kilogram and Wolfgang is maximizing utility.At the point of maximal utility,the marginal utility of:
A) rutabagas and broccoli is the same.
B) rutabagas is greater than the marginal utility of broccoli.
C) broccoli is greater than the marginal utility of rutabagas.
D) both goods is zero.

Question

Quizplus · Accepted Answer

At the point of maximal utility, the consumer is allocating the expenditure in such a way that the marginal utility per dollar spent is equal across all goods. Therefore, the marginal utility of rutabagas and broccoli will be the same when Wolfgang is maximizing his utility.

Wolfgang Really Likes Both Rutabagas and Broccoli