English

When marginal utility is zero, total utility is ______.

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Question

When marginal utility is zero, total utility is ______.

Options

  • Zero

  • Minimum

  • Maximum

  • Negative

MCQ
Fill in the Blanks
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Solution

When marginal utility is zero, total utility is Maximum.

Explanation:

When MU is zero, consuming one more unit does not increase or decrease TU. This is the point at which total utility is maximum.

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Chapter 2: Consumer's Equilibrium - OBJECTIVE QUESTIONS [Page 2.52]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 2 Consumer's Equilibrium
OBJECTIVE QUESTIONS | Q 64. | Page 2.52
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