Total utility is ---------at the point of satiety
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In economics, the point of satiety is defined as the point when the marginal utility of any activity is zero. ... 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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In economics, the point of satiety is defined as the point when the marginal utility of any activity is zero. ... 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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