Solved

When Marginal Utility Is Zero

Question 4

Multiple Choice

When marginal utility is zero,


A) total utility is zero.
B) total utility is equal to marginal utility.
C) total utility is minimized.
D) total utility is maximized.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: Goods that bring you utility are goods

Q2: Total utility derived from consuming one good

Q3: Marginal utility is the
A) total satisfaction gained

Q5: Marginal means
A) average.
B) controversial.
C) undesirable.
D) the incremental

Q6: A rational consumer will never purchase a

Q7: Table 4.3
Table 4.3 </p></div><svg width=

Q8: Table 4.3
Table 4.3 </p></div><svg width=

Q9: Table 4.3
Table 4.3 </p></div><svg width=

Q10: Table 4.4
Table 4.4 </p></div><svg width=

Q11: Table 4.4
Table 4.4 </p></div><svg width=

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents