The budget of a consumer will be exhausted because any consumer is ________ satiated and, therefore, will always be able to increase utility by consuming _______.
A) never, less
B) always, less
C) never, more

Question

Quizplus · Accepted Answer

A consumer can never be completely satisfied (or "never" satiated), and therefore will always be able to increase their utility by consuming more. This means that their budget will eventually be exhausted if they continue to consume more, as they will reach their maximum budget limit. Therefore, choice C - never, more - is the best answer.

The Budget of a Consumer Will Be Exhausted Because Any