Question

The consumer optimum is defined as

A) the set of goods and services that maximizes marginal utility for each good.

B) the set of goods and services such that the marginal utility of each good equals zero.

C) the set of goods and services that maximizes the marginal utility of each good consumed.

D) the set of goods and services, subject to the limited income of the consumer, that maximizes the total utility of the consumer.

Answer

This answer is hidden. It contains 1 characters.