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When Total Utility Is at Its Maximum Where Is Marginal Utility?

Marginal utility is zero when total utility is at its maximum. When a person consumes more of a good, their total utility increases until it reaches a maximum, after which additional consumption yields no extra satisfaction. At the point where total utility is highest, each additional unit of the good provides no extra utility, meaning marginal utility is zero.

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Prerna Gill
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263 views

When Total Utility Is at Its Maximum Where Is Marginal Utility?

Marginal utility is zero when total utility is at its maximum. When a person consumes more of a good, their total utility increases until it reaches a maximum, after which additional consumption yields no extra satisfaction. At the point where total utility is highest, each additional unit of the good provides no extra utility, meaning marginal utility is zero.

Uploaded by

Prerna Gill
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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When total utility is at its maximum where is marginal utility?

marginal utility is zero

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