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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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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

User Tal Bronfer
by
8.1k points

2 Answers

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