Completion requirements
Watch this video on equalizing marginal utility per dollar spent for two
products to review the rule on maximizing utility. Remember, this
method determines what products people prefer to spend their income on,
given a budget.
Source: Khan Academy, https://youtu.be/lOx2s4z8Wu0 This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License.
Last modified: Thursday, 16 November 2023, 3:04 PM