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When marginal utility is maximized, total utility is also maximized.

stars_and_moon

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7 years ago

When marginal utility is maximized, total utility is also maximized.

When marginal utility is maximized, total utility is also maximized.
A) True
B) False

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kingby

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Solved Total utility is maximized in the consumption of two goods by
Solved If marginal utility is a positive number, then the total utility curve is rising.
Solved If a good is free, then utility is maximized by consuming
Solved Total product is maximized where
Solved The law of diminishing marginal utility states that:
Solved Total utility is maximized when _____.
Solved The law of diminishing marginal utility means that:
Solved When the total utility from consuming one good is maximized, marginal utility is

stars_and_moon Author

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7 years ago

Incredible!

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kingby

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#3

7 years ago

Great! Now we can move on to the next one

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