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Complete the following statement by choosing the correct alternatives: Point of Satiety means _______ - Economics

MCQ

Complete the following statement by choosing the correct alternatives:

Point of Satiety means _______

Options

  • TU is rising and MU is falling

  • TU is falling and MU is negative

  • TU is maximum and MU is zero

  • MU is falling and TU is rising

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Solution

Point of Satiety means TU is maximum and MU is zero

Concept: Law of Diminishing Marginal Utility
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APPEARS IN

Balbharati Economics 12th Standard HSC Maharashtra State Board
Chapter 2 Utility Analysis
Exercise | Q 1. (4) | Page 16
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