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If you know that the marginal utility per dollar spent on product Alpha is less than the marginal utility per dollar spent on product Beta, consumers who spend all their income on these two products can:

A. Maximize total utility but not marginal utility

B. Maximize marginal utility but not total utility

C. Increase total utility by buying more of Beta and less of Alpha

D. Increase total utility by buying more of Alpha and less of Beta

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91387860

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