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A consumer's goal in buying a good or service is to get the most out of his or her income, or to maximize total utility. This is known as what? A. supply and demand B. cons…

A consumer's goal in buying a good or service is to get the most out of his or her income, or to maximize total utility. This is known as what? A. supply and demand B. cons…
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3 votes
A consumer's goal in buying a good or service is to get the most out of his or her income, or to maximize total utility. This is known as what?

A. supply and demand
B. consumer equilibrium
C. price equilibrium
D. consumer problem

asked
User Tal Bronfer
by
8.1k points

2 Answers

4 votes
B. Consumer Equilibrium
answered
User BowPark
by
8.1k points
7 votes
I'm thinking B. But I'm not sure
answered
User Tomasi
by
8.7k points
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