NEW
practice questions
NEW
cheatsheets
log in
start studying now
Practice Quizzes
AP Microeconomics
Unit 1 – Basic Economic Concepts
Topic 1.6
Unit 1 – Basic Economic Concepts
1.6 Marginal Analysis and Consumer Choice
mixed difficulty
What does utility maximization aim to achieve?
Maximizing satisfaction or the level of usefulness derived from consuming goods and services.
Maximizing the total budget allocated for purchasing goods and services.
Maximizing the quantity of goods consumed.
Maximizing the price of the goods consumed.
Study guides (1)
AP Microeconomics - 1.6 Marginal Analysis and Consumer Choice
Key terms
Utility Maximization
Guides
Glossary
Next
0
