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 24 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
Great answer, keep it coming :)

jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Developing a two part nursing diagnostic label Developing a two part nursing diagnostic label
A good disinfecting solution you can make yourself consists of 1 part bleach to 10 parts water. A good disinfecting solution you can make yourself consists of 1 part bleach to 10 parts water.
How to solve inequalities involving absolute values (Part 2) How to solve inequalities involving absolute values (Part 2)
How to find the domain of a natural logarithmic functions (Part 2) How to find the domain of a natural logarithmic functions (Part 2)
Finding the angle from a ratio (Part 1) Finding the angle from a ratio (Part 1)
Question 37 Part 2 Question 37 Part 2
Video: Mechanics of Sound Animation

For a complete list of videos, visit our video library