Economy, asked by akashjambulkar9, 2 months ago

4) When MU is zero, TU diminishes.​

Answers

Answered by sahityasrin
0

Answer:

Key: -

a) MU: - Marginal Utility

b) TU: - Total Utility

1) When MU increases, TU increases at an increasing rate

2) When MU decreases, TU increases at a diminishing rate

3) When MU is zero (0), TU is constant

4) When MU is negative (MU<0), TU reduces

Hope this helps you

Cheers!!

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