Where total utility is at a maximum, marginal utility is
A. Minimum B. Average C. Zero D. Negative Answer: Option C
When total utility is at a maximum, marginal utility is:
A. Minimum B. Average C. Zero D. Negative Answer: Option C
Where total utility is at a maximum, marginal utility is
A zero B unity C positive D negative Correct option is A)
If total utility is increasing at a decreasing rate, marginal utility is
A TU increases at decreasing rate and MU falls B TU increases…
Where total utility is at a maximum, marginal utility is:
A. Minimum B. Average C. Zero D. Negative Answer: Option C
When total utility is at a maximum, marginal utility is
A. Minimum B. Average C. Zero D. Negative Answer: Option C
