Total utility is maximum when
Q. Total utility is maximum when:
A. Marginal utility is zero
B. Marginal utility is at its highest point
C. Marginal utility is equal to average
D. Average utility is maximum
Answer: Marginal utility is zero
Q. Total utility is maximum when:
A. Marginal utility is zero
B. Marginal utility is at its highest point
C. Marginal utility is equal to average
D. Average utility is maximum
Answer: Marginal utility is zero