True. If Marlowe obtains 9 units of utility per dollar spent on apples and 6 units of utility per dollar spent on oranges, then Marlowe should buy more apples and fewer oranges to maximize his utility.
The utility is the satisfaction or pleasure that a consumer derives from the consumption of goods and services. It is the ability to produce or consume goods or services for the satisfaction of needs or wants.
The utility is maximized when a consumer obtains the most satisfaction from their consumption of goods and services for the least amount of money. This can be achieved by making optimal decisions regarding their consumption choices such as their purchase decisions and consumption decisions.
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