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- Suppose, a consumer can buy a
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Card 3 / 15: Suppose, a consumer can buy a set of commodities. Which set will be bought by the consumer in order to maximize the utility?
A)
The bundle that maximizes the marginal utilities per Rupee of each good
B)
The bundle that maximizes the marginal utilities per Rupee (or other physical unit) of each good
C)
The bundle that equates the marginal utilities per Rupee of each good
D)
The bundle that equates the marginal utilities per Rupee (or other physical unit) of each good.
Answer:
C) The bundle that equates the marginal utilities per Rupee of each good
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