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An individual is purchasing the best combination of goods to maximize utility if:

stars_and_moon

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An individual is purchasing the best combination of goods to maximize utility if:

An individual is purchasing the best combination of goods to maximize utility if:
A) marginal utility of good X ÷ price of good X = marginal utility of good Y ÷ price of good Y.
B) marginal utility of good X * price of good X = marginal utility of good Y * price of good Y.
C) marginal utility of good X = marginal utility of good Y.
D) total utility of good X ÷ price of good X = total utility of good Y ÷ price of good Y.

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kingby

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stars_and_moon Author

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7 years ago

I figured, great answer

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kingby

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7 years ago

I was slightly debating this one, thanks for the feedback

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