If the last Naira spent on each commodity by a consumer gave him equal satisfaction, it means the consumer has been able to?

By: |Published on: Aug 1|Categories: Economics WAEC| 0 comments

A. cut costs
B. maximize costs
C. increase profits
D. maximize utility
E. manage scarce resources

Correct Answer:

Option D – maximize utility

Users Also Read These:

SEE ALSO  The most acceptable economic measure for trade protection is to?

Copyright warnings! Do not copy.