Total utility is maximized when the ________ for all goods. A) ...

[serike]

Total utility is maximized when the ________ for all goods.
 
  A) marginal utility per dollar spent is equal
  B) marginal utilities are zero
  C) marginal utilities are maximized
  D) marginal utilities are negative

Question 2

Game theory is distinctive in that its elements are
 
  A) costs, prices, and profits.
  B) revenues, elasticity, and profits.
  C) rules, strategies, payoffs, and outcomes.
  D) patents, copyrights, and barriers to entry.

[jharrington11]

Answer to Question 1

A

Answer to Question 2

C

[serike]

Thanks for the timely response, appreciate it

[anyusername12131]

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