What can you use to establish whether a budget has been allocated to maximise total utility? Market equilibrium Budget line Consumer equilibrium Marginal utility Total utility
What can you use to establish whether a budget has been allocated to maximise total utility? Market equilibrium Budget line Consumer equilibrium Marginal utility Total utility
Chapter6: Consumer Choice Theory
Section: Chapter Questions
Problem 22SQ
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What can you use to establish whether a budget has been allocated to maximise total utility?
Budget line
Consumer equilibrium
Total utility
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