When marginal utility reaches zero, the total utility will be a) Minimum b) Maximum c) Zero d) Negative
Answers
Answered by
0
Answer:
d) negative.
Explanation:
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.
Similar questions