9) Purchasing goods such that the ratio of marginal utility to price is equal across all...
9) Purchasing goods such that the ratio of marginal utility to price is equal across all goods results in the: A) greatest total utility. B) same expenditure on all goods. C) greatest marginal utility. D) lowest expenditure. 10) The accompanying figure shows a a single consumer's demand for ice cream at the student union. 4.50 Price (s/scoop) o i 7 8 2 3 4 5 6 Quantity (scoops/week) During the summer, there are 300 students on campus. Each student's weekly demand for ice cream is shown above. When the price of ice cream is $2.00 per scoop, those 300 students purchase a total of scoops per week from the student union. A) 1,500 B) 1,800 C) 3,000 D) 1,200