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If goods were free, a rational consumer would consume?
Question 1
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If goods were free, a rational consumer would consume?
an infinite amount of each good
the amount where marginal utility became zero
the same amount as when each good had a price
the amount where marginal utility was the highest
Answer Details
Read lesson note on The Theory Of Consumer Behaviour (JAMB)
Read lesson note on The Theory Of Demand (JAMB)
Read lesson note on The Theory Of Price Determination (JAMB)
The Theory Of Consumer Behaviour
The Theory Of Demand
The Theory Of Price Determination
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