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If The Last Naira Spent On Each Commodity By A Consumer Gave Him Equal Satisfaction, It Means The Consumer Has Been Able To? - Erudites Academy

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

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

Correct Answer:

Option D – maximize utility

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Tags: economics

5 years ago