Vidyalelo
Commerce · Q247

Economics

Graduate and Post Graduate · Commerce · question 247

Q247

Marginal utility is equal to average utility at that time when average utility is

A.
Increasing
B.
Maximum
Answer
C.
Falling
D.
Minimum

Answer: Option B

Solution

Answer: Option B
Solution:
Marginal utility is equal to average utility at that time when average utility is maximum.