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Choose the Correct Answer from Given Options When Marginal Utility is Zero, Total Utility is - Economics

MCQ

Choose the correct answer from given options

When marginal utility is zero, total utility is

Options

  • zero

  • minimum

  • maximum

  • negative

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Solution

When marginal utility is zero, total utility is maximum.
Hence, the correct answer is option maximum.

Concept: Total Utility and Marginal Utility
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