Economics (AS & A Level) · May / June 2026 · Paper 32 · Question 1

When do consumers maximise utility under the equi-marginal principle?

1. AWhen each additional unit of a product consumed decreases by equal amounts.
2. BWhen the average utility per dollar spent is the same for each product.
3. CWhen the marginal utility per dollar spent is the same for each product.
4. DWhen the total utility for each product consumed is the same.

As printed in the paper