When marginal utility is zero, total utility
A. is zero.
B. is maximized.
C. is falling.
D. is negative.
B. is maximized.
Economics
You might also like to view...
The tragedy of the commons is the tendency of a society to overuse and deplete open-access resources
Indicate whether the statement is true or false
Economics
The firm's marginal costs are equal to average total cost somewhere between units:
The following data show the relationship between total costs and output in the short run.
A. 1 and 2
B. 2 and 3
C. 3 and 4
D. 4 and 5
Economics