When total utility is at a maximum, marginal utility is zero.

Name: When total utility is at a maximum, marginal utility is zero.
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

When total utility is at its maximum, it means that the consumer has reached a point where consuming one more unit of the good or service provides no additional satisfaction, hence the marginal utility, which measures the change in total utility from consuming one additional unit, is zero.

When Total Utility Is at a Maximum, Marginal Utility Is