Final answer:
The statement is consistent with the principle of diminishing marginal utility.
Step-by-step explanation:
The statement that if the marginal utility per dollar spent for candy bars is higher than the marginal utility per dollar spent for popcorn, you should buy more popcorn and fewer candy bars to maximize utility is consistent with the principle of Diminishing Marginal Utility.
The law of diminishing marginal utility states that as the quantity of a good or service consumed increases, the additional satisfaction or utility derived from each additional unit decreases. In this case, if the marginal utility per dollar spent on candy bars is higher than that of popcorn, it means that the additional satisfaction obtained from each dollar spent on candy bars is greater than the additional satisfaction obtained from each dollar spent on popcorn.
To maximize utility, you should allocate your limited budget toward the item that provides the greatest marginal utility per dollar. Therefore, buying more popcorn and fewer candy bars would be the optimal choice.