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Q. |
A consumer with a given income will maximise their utility when: |
A. | the marginal utility derived from each commodity is equal. |
B. | the marginal utility derived from each product consumed is zero. |
C. | the total utility derived from each commodity consumed is equal. |
D. | the marginal utilities derived from each commodity consumed are proportional |
Answer» D. the marginal utilities derived from each commodity consumed are proportional |
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