While making a purchase decision,a buyer should buy the good that yields the highest ________.
A) marginal benefit per dollar spent
B) average benefit plus marginal benefit per dollar spent
C) total utility per dollar spent
D) average benefit per dollar spent

Question

Quizplus · Accepted Answer

The buyer should buy the good that yields the highest marginal benefit per dollar spent, which means that the buyer should consider the additional benefit they receive from each additional unit of the good and compare it to the price they are paying for it. This allows the buyer to maximize their overall satisfaction and get the most value for their money.

While Making a Purchase Decision,a Buyer Should Buy the Good