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Total utility is maximized when: A.Price is less than marginal utility. B.Price is equal to marginal utility. C.Marginal utility is zero. D.Marginal utility is maximized.
Total utility is maximized when:
A.Price is less than marginal utility.
B.Price is equal to marginal utility.
C.Marginal utility is zero.
D.Marginal utility is maximized.
I know its either equal or maximized but not sure in the case of the options given
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