"If an individual is to maximize the utility received from consumption,he or she should spend all available income...." This statement assumes:
A)that saving is impossible.
B)that the individual is not satiated in any one good.
C)that no goods are "inferior."
D)that every good has a positive marginal utility.

Question

Quizplus · Accepted Answer

The Answer of "If an individual is to maximize the utility received from consumption,he or she should spend all available income...." This statement assumes:
A)that saving is impossible.
B)that the individual is not satiated in any one good.
C)that no goods are "inferior."
D)that every good has a positive marginal utility.

"If an Individual Is to Maximize the Utility Received from Consumption,he