MCQOPTIONS
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| 1. |
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» E. | |