What does point of satiety imply?
Answers
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. From here on, the total utility actually reduces. Every extra effort leads to negative returns.
Explanation:
Hope it helps u
Hey mate,
Here is your answer (◍•ᴗ•◍)
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.
Hope this will helps u ☺️
And mark me also as brainliest answer