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The reason that people consume to the point where price is equal to marginal value is...(3) a. Because this rule is simple, general and useful.
The reason that people consume to the point where price is equal to marginal value is...(3) a. Because this rule is simple, general and useful. b. to maximize total value minus total expenditure. c. to maximize total value. d. to maximize producer surplus e. Both b. and d. are correct.
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