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Which of the following best describes the utility - maximizing rule for finding the optimal combination of 2 or more goods? Group of answer choices
Which of the following best describes the utilitymaximizing rule for finding the optimal combination of or more goods?
Group of answer choices
Always purchase goods that give you the highest utility, regardless of price.
Always purchase goods that have the lowest price.
Purchase a combination of goods that you can afford where the marginal utility per dollar is equal across the goods.
Purchase the combination of goods that has the lowest total cost.
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