When Marietta chooses to only purchase a combination of goods that lie within her budget line, she: a. likely has negative savings. b. is maximizing utility. c. is decreasing utility. d. must reduce the quantity.
When Marietta chooses to only purchase a combination of goods that lie within her budget line, she: a. likely has negative savings. b. is maximizing utility. c. is decreasing utility. d. must reduce the quantity.
Chapter6: Consumer Choice Theory
Section: Chapter Questions
Problem 9SQ
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When Marietta chooses to only purchase a combination of goods that lie within her budget line, she:
a. likely has negative savings.
b. is maximizing utility.
c. is decreasing utility.
d. must reduce the quantity.
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