When Marginal Utility is zero, Total Utility would be ---------- ?
Minimum
Maximum
Zero
Negative
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when marginal utility is zero,the consumer drives no further utility from consumption and any other consumption will lead to negativemarginal utility. thus total utility is maximum at this point and any other consumption of that commodity will lead to diminishing total utility.
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Answer:
maximum
Explanation:
When Marginal Utility is zero, Total Utility is maximum. It is based in the law of diminishing marginal utility which says 'as more and more units of a good are consumed, MU i.e level of satisfaction derived from each successive unit goes on falling because desire for that commodity tend to fall.
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