2. Which one of the following statements
is not correct?
(a) When total utility is maximum
marginal utility is zero
(b) When total utility is decreasing,
marginal utility is negative.
(c) When total utility is increasing,
marginal utility is positive
id) When total utility is maximum,
marginal and average utility are
equal to each other
Answers
Answered by
1
Answer:
your answer is (b)....
Answered by
2
Answer:
answer(d) will be correct choice.
Explanation:
because when total utility is maximum, marginal utility will be zero .but average utility never be zero or negative. So these can not be equal to each other when total utility is maximum. so statement (d) is not correct.
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