McqMate
Q. |
If a rational consumer is in equilibrium, then: |
A. | the marginal utility obtained from one product is equal to the marginal utility obtained from any other product. |
B. | a reallocation of income would increase the consumer’s total utility. |
C. | the marginal utility per last dollar spent is the same for all goods consumed. |
D. | total utility becomes zero. |
Answer» C. the marginal utility per last dollar spent is the same for all goods consumed. |
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