When marginal utility is zero, the total utility is -

Related MCQs

• If total utility is maximum at a point, then marginal utility is -
• The total utility from 9 units of commodity x is 20 and from 10 units is 15. Calculate the marginal utility from 10th unit.
• The Marginal Utility Curve slopes downward from left to right indicating -
• If total product is at its maximum then:....... note:(AP= Average product) (MP= Marginal product.)
• The situation in which total revenue is equal to total cost, is known as -
• The situation in which total Revenues equals total cost, is known as :
• If the average total cost is Rs.54, total fixed cost is Rs.45000 and quantity produced is 2500 units, find the average variable costs (in Rs.) of the firm -
• Marginal cost is the -
• 'Marginal efficiency of capital' is -
• If average cost falls, marginal cost -