Home » Online Course » Using the utility approach, the consumer is in equilibrium when: Using the utility approach, the consumer is in equilibrium when: 15. Question 15 Using the utility approach, the consumer is in equilibrium when: 1 point the marginal utilities associated with consuming an extra unit of each good are equal. the marginal utility associated with consuming the last unit is zero. the marginal utility per dollar’s worth of each good is equal. total utility from each good is at a maximum. Other Questions Of This Category Core Concepts of Accounting Numbers and PeopleCorporate Financial Decision Making for Value CreationGlobal Financial Markets and Instruments QuizAlternative Approaches to Valuation and InvestmentFundamentals of financial and management accounting QuizMergers and Acquisitions The Relentless Pursuit of SynergyInternet History Technology Security QuizIf Eggertopia data were free, and your model was unavailable, what would the dollar savings per bit of information extracted be? Dollar savings are $412 rounded to the nearest dollar- from…Introductory Human Physiology QuizBehavioral Finance QuizPersonal Family Financial Planning QuizRegression Models QuizAn increase in supply, other things equal, will cause the:The Art of Negotiation QuizStatistical Inference Quiz
