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a consumer maximizes total utility from a given amount of income when the

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adefioyelaoye adefioyelaoye

17-03-2022

A consumer maximizes total utility from a given amount of income when the same amount of utility per unit of each product is consumed.

What is Utility?

This is defined as the the usefulness a consumer can get from a good or service.

Utility is maximized by consumer when the same amount of utility per unit of each product is consumed as a result of absence of wastage.

Read more about Utility here https://brainly.com/question/24922430

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