Mariko has carefully balanced her clothing spending so that she buys more of the goods that give her the most satisfaction and fewer of the goods that give less satisfaction. She has done this so successfully that she feels certain the next dollar she spends on clothing will give her the exact same amount of satisfaction no matter what she buys. Mariko is at the point of ______.

a. consumer equilibrium
b. diminishing marginal utility
c. the substitution effect
d. total utility


a. consumer equilibrium

Economics

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