Total utility is

Related MCQs

• When Total utility is increasing at an decreasing rate, marginal utility is
• When Total Utility is maximum, Marginal Utility is :
• When Marginal Utility is negative, Total Utility:
• Total utility is maximum when
• Which of the following statement is TRUE with regard to total utility
• Total utility curve
• When both average and total product are greater than zero, and marginal product equals average product, then total product:
• Which of the following statement is FALSE with regard to marginal utility
• According to Marshall, The law of diminishing marginal utility
• Marginal utility is