Q3. What is the value of total utility at the point of satiety?
Answers
Answered by
3
IT IS THE POINT WHERE MARGINAL UTILITY LINES IS 0 AND TOTAL UTILITY IS MAXIMUM
HOPE IT HELPS YOU
HOPE IT HELPS YOU
Answered by
6
according to consumer view point the point at which mu in 0 and tu is highest is known as point of satiety.
according to the point of view of producer this point is known as point of saturation.
according to the point of view of producer this point is known as point of saturation.
Similar questions