When Total Utility is maximum, Marginal Utility is :

Related MCQs

• When Total utility is increasing at an decreasing rate, marginal utility is
• When Marginal Utility is negative, Total Utility:
• When both average and total product are greater than zero, and marginal product equals average product, then total product:
• When marginal product reaches its maximum, what can be said of total product?
• Total Revenue is the maximum when Marginal Revenue is ----------
• The sum of marginal propensity to consume plus marginal propensity to save must equal to:
• Total utility is maximum when
• Which of the following statement is FALSE with regard to marginal utility
• According to Marshall, The law of diminishing marginal utility
• Marginal utility is