Economy, asked by riddhi772426, 15 hours ago

Point of satiety arises in _____

Answers

Answered by anikdutta711
0

Answer:

Point of Satiety is defined as '' the point where marginal utility of any commodity is zero''. Thus it is a point where satisfaction of any commodity is zero.

Explanation:

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Answered by ANIKET0547
1

Answer:

At point of satiety, marginal utility is ZERO

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. From here on, the total utility actually reduces. Every extra effort leads to negative returns.

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