Highest total utitily involves a comparison

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Reference no: EM13984208

The step-by-step process of finding the choice with highest total utitily involves a comparison of the:

a. household consumption choice budget and the labor-leisure budget using an utilimometer

b. marginal utility gained and lost from different choices along the budget constraint

c. various categories of economic proverbial wisdom

d. budget constraint and low-income housing expenses

Reference no: EM13984208

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