Question 36

Which of the following statements is correct?

  • A.As total utility increases, the marginal utility also increases
  • B.The marginal utility is a always zero whenever the total utility reaches the maximum
  • C.The total utility is at maximum whenever marginal utility is at it's maximum
  • D.There is no relationship between total utility and the marginal utility
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
2014
Question no.
#36
Type
Objective

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