The marginal utility theory is contributed by:

Related MCQs

• When Total Utility is maximum, Marginal Utility is :
• When Marginal Utility is negative, Total Utility:
• _________ is distinctive for much greater use of mathematics than the other social sciences, a development made possible by the development of a concept of utility
• Utility is the concept which is:
• Change in utility resulting from one unit change in consumption is called:
• Measurable utility is the postulate of:
• The marginal product of labor curve shows the change in total product resulting from:
• When marginal product reaches its maximum, what can be said of total product?
• The reason the marginal cost curve eventually increases as output increases for the typical firm is because:
• Whenever marginal product is declining with increasing use of an input,