Marginal utility is:Multiple Choicediminishing.constant.increasing.unpredictable.

A consumer with a limited income will maximize utility when each good is purchased in amounts such that theMultiple Choicetotal utility is the same for each good in a bundle.marginal utility of each good in a bundle is maximized.marginal utility per dollar spent on each of the final choices in a bundle is equal.marginal utility per dollar spent on each of the final choices in a bundle is maximized for each good.

When a person consumes two goods (A and B), that person's utility is maximized when the budget is allocated such that:Group of answer choicesthe marginal utility of A equals the marginal utility of B.the marginal utility of A times the price of A equals the marginal utility of B times the price of Bthe ratio of total utility of A to the price of A equals the ratio of the marginal utility of B to the price of B.the ratio of the marginal utility of A to the price of A equals the ratio of the marginal utility of B to the price of B.

Which is a dimension or assumption of the marginal-utility theory of consumer behaviour

How does the law of diminishing marginal utility impact consumer behavior and choices in a market?

The law of diminishing marginal utility states that, as extra units of a product are consumed within a given period of time, total utility