Consumer equilibrium exists when an individual can be made better off by buying more of a normal
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Consumer equilibrium exists when an individual
| can be made better off by buying more of a normal good and less of an inferior good. | ||
| is receiving the same total utility from each of the goods he or she purchases. | ||
| is receiving the same marginal utility from each of the goods he or she purchases. | ||
| has the same MU/P ratio for each of the goods he or she purchases. | ||
| none of the above |
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