Question 8
When marginal utility is zero, total utility is:
Increasing
Decreasing
Maximum
Minimum
When marginal utility is zero, total utility is:
Increasing
Decreasing
Maximum
Minimum
Correct answer
Maximum
Question 8 of 10 in the IIT Madras BS Business Data Management (BDM) Quiz 1 paper sat on 26 Feb 2023, in the January 2023 term (IIT M DIPLOMA AN2 EXAM QPD2 26 Feb 2023). It carries 1 mark.