maddymartin61221 maddymartin61221
  • 14-12-2022
  • Business
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A consumer with a given income will maximize utility when each good is purchased in amounts such that the:
(a) total utility is the same for each good.
(b) marginal utility of each good is maximized.
(c) marginal utility per dollar spent is the same for all goods.
(d) marginal utility per dollar spent is maximized for each good.

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