Higher breakeven levels of income can be achieved by decreasing

The productivity standard says

A) that everyone should have exactly the same income. B) that the age-earnings cycle should determine income. C) that people should be compensated on the basis of what they produce. D) that people should be compensated on the basis of their need.

If a consumer is maximizing utility, she will purchase quantities of output to the point where the price of the last unit purchased is equal across all goods

a. True b. False Indicate whether the statement is true or false