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 58 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
YES! Correct, THANKS for helping me on my review

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Plant Cell Types (Part 2) Plant Cell Types (Part 2)
How to find the derivatives of trigonometric functions using the chain rule (Part 2) How to find the derivatives of trigonometric functions using the chain rule (Part 2)
Structures of the ionized forms of some representative fatty acids (part 2) Structures of the ionized forms of some representative fatty acids (part 2)
How to calculate simple interest (Part 1) How to calculate simple interest (Part 1)
Breakup of the Larsen B Ice Shelf (part 2) Breakup of the Larsen B Ice Shelf (part 2)
Types of Blast Injuries (Part 1 of 2) Types of Blast Injuries (Part 1 of 2)
Video: Diversity of Living Creatures - Charles Darwin & the Beagle's Voyage

For a complete list of videos, visit our video library