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The goal of the consumer in a market economy is to use his or her limited income to buy:________.A) The greatest number of goods and services possible.B) The goods and services that maximize profits for bussiness.C) The combination of goods and services which maximize their utility given a limited budget.D) Those goods and services with the lowest prices.

Respuesta :

Answer:

C) The combination of goods and services which maximize their utility given a limited budget.

Explanation:

The goal of every consumer is to maximise utility. utility maximisation is the highest form of satisfaction a consumer can derive from consuming goods and services.

Utility is the total satisfaction derived from consuming goods and services.

Human wants are unlimited and the resources available to them are limited. So, consumers have to choose the combination of goods within their limited budget that would maximise utility

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