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23 October, 02:22

A consumer will consume such that price equals marginal benefit for every good consumed because

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  1. 23 October, 02:39
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    The answer is that "because utility is maximized".

    The condition for maximization of utility describes that Utility is expanded or maximized when add up to expenses level with the financial plan accessible and when the proportions of marginal utilities to costs are equivalent for all goods and services.
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