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When marginal utility is zero, the total utility is (a) Minimum (b) Increasing (c) Maximum (d) Decreasing

+3 votes

asked Mar 4, 2018 in Class 12 by kratos

When marginal utility is zero, the total utility is

(a) Minimum

(b) Increasing

(c) Maximum

(d) Decreasing

consumers equilibrium and demand
class-11
consumers equilibrium
consumption analysis
class-12

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1 Answer

+5 votes

answered Dec 7, 2020 by kratos

Best answer

When marginal utility is zero, the total utility is Maximum.

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