Economics 9708 · AS & A Level · Utility and rational consumer behaviour

Utility and rational consumer behaviour — practice question

A consumer seeking to maximise his utility will organise consumption so that

  • Athe total utility obtained from each commodity is the same.
  • Bthe total utility per $ spent on each commodity is the same.
  • Cthe same utility is obtained from the last unit of each commodity.
  • Dthe same utility is obtained from the last unit of expenditure on each commodity.

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