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If total utility is maximum at a point, then marginal utility is

+2 votes

asked Jul 8, 2018 in Class 12 by kratos

If total utility is maximum at a point, then marginal utility is

(a) positive (b) zero (c) negative (d) positive but decreasing

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

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1 Answer

+4 votes

answered Feb 1, 2021 by kratos

Best answer

If total utility is maximum at a point, then marginal utility is zero.

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