Relationship between the Short Run Average and Marginal Cost Curves
When the marg...
Question
When the marginal utility is the maximum, the total utility will be zero.
A
True
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
False
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution
The correct option is B False When the marginal utility is maximum it means the rate at which the total utility will increase will reduce. But, when the marginal utility is zero, the total utility is maximum.