Belovedgirl2989 Belovedgirl2989

14-12-2022
Business

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A consumer with a limited income will maximize utility when each good is purchased in amounts such that the
a) marginal utility of each good in a bundle is maximized.
b) marginal utility per dollar spent on each of the final choices in a bundle is equal.
c) total utility is the same for each good in a bundle.
d) marginal utility per dollar spent on each of the final choices in a bundle is maximized for each good.

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