Which of the following statements is true?
A.If total utility is at a maximum, then marginal utility is rising.
B.If total utility is at a maximum, then marginal utility is at its average value.
C.If total utility is at a maximum, then marginal utility is at a maximum.
D.If total utility is at a maximum, then marginal utility is zero.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is true?
A.If total utility is at a maximum, then marginal utility is rising.
B.If total utility is at a maximum, then marginal utility is at its average value.
C.If total utility is at a maximum, then marginal utility is at a maximum.
D.If total utility is at a maximum, then marginal utility is zero.

Which of the Following Statements Is True