point of satietiy means
Answers
Answered by
9
Answer:
In economics, the point of satiety is defined as the point when the marginal utility of any activity is zero. From this point on, the marginal utility actually turns negative. Expressed differently, the point of satiety reflects that point when the total utility has been maximized.
Answered by
6
Answer:
In economics, the point of satiety is defined as the point when the marginal utility of any activity is zero. From this point on, the marginal utility actually turns negative. Expressed differently, the point of satiety reflects that point when the total utility has been maximized.
Similar questions
Business Studies,
12 days ago
Hindi,
25 days ago
Hindi,
25 days ago
English,
8 months ago
English,
8 months ago