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Author Question: When consumers maximize utility, they are equating the ratio of marginal utility to price across all ... (Read 116 times)

wrbasek0

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Question 1

The law of diminishing marginal utility implies that total utility never reaches a maximum.


◦ true
◦ false

Question 2

When consumers maximize utility, they are equating the ratio of marginal utility to price across all goods consumed.


◦ true
◦ false


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Marked as best answer by wrbasek0 on Apr 19, 2019

juiceman1987

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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.
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