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corie corie
wrote...
Posts: 767
6 years ago
When a person consumes two goods (A and B), that person's utility is maximized when the budget is allocated such that:
A) the marginal utility of A equals the marginal utility of B.
B) the marginal utility of A times the price of A equals the marginal utility of B times the price of B
C) the ratio of total utility of A to the price of A equals the ratio of the marginal utility of B to the price of A.
D) the ratio of the marginal utility of A to the price of A equals the ratio of the marginal utility of B to the price of B.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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Bart_argBart_arg
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Posts: 570
6 years ago
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corie Author
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6 years ago
This helped my grade so much Perfect
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Just got PERFECT on my quiz
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