Standard consumer theory says that rational consumers will select their consumption of goods A and B such that , with of course the tiny disclaimer that for some pairs of goods, there will be a corner solution; that is, for some goods A and B, some consumers will optimize not according to the preceding expression, but by consuming
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Zero marginal utility goods
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Standard consumer theory says that rational consumers will select their consumption of goods A and B such that , with of course the tiny disclaimer that for some pairs of goods, there will be a corner solution; that is, for some goods A and B, some consumers will optimize not according to the preceding expression, but by consuming