This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: For a consumer to maximize utility, in part the consumer must (Read 53 times)

cmoore54

  • Hero Member
  • *****
  • Posts: 568
on: May 24, 2019
For a consumer to maximize utility, in part the consumer must
◦ allocate the entire available budget.
◦ make the marginal utility per dollar from each good as much different as possible for all goods.
◦ make the marginal utility per dollar from each good as small as possible for all goods.
◦ spend as little of the budget as possible.
◦ Answers allocate the entire available budget and make the marginal utility per dollar from each good as much different as possible for all goods are both correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by cmoore54 on May 24, 2019

mbcrismon

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


cmoore54

  • Member
  • Posts: 568
Reply 2 on: May 24, 2019
Wow, this really help

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Helping maintain accurate patient records is a critical part of the medical assistant's work. Helping maintain accurate patient records is a critical part of the medical assistant's work.
How to integrate by parts (Part 1) How to integrate by parts (Part 1)
How to calculate annuity when compounded quarterly (Part 2) How to calculate annuity when compounded quarterly (Part 2)
How to convert between imperial and metric units (Part 2) How to convert between imperial and metric units (Part 2)
Greenhouse gases absorb part of the outgoing IR radiation Greenhouse gases absorb part of the outgoing IR radiation
Best body part of Marc’s Best body part of Marc’s
Video: Multiple Sclerosis Animation

For a complete list of videos, visit our video library