When Marginal Utility = 0, Total Utility is. A. Maximum B. Laws of return C. Minimum D. None of the above

total utility reaches a maximum, then marginal utility is

What is the change in total utility due to consumption of one additional unit of an item called ?Marginal Utility Maximum Utility Minimum Utility Change Utility

Marginal utility of first unit is _____________ to the total utility of first unit.

otal utility always ________ when marginal utility ________.Question 5Answera.stays the same; is negativeb.equals zero; is negativec.stays the same; is positived.increases; is positive

For a consumer, the marginal utility of good A is 25 and its price is $5. The marginal utility of good B is 60 and its price is $12. The consumer has allocated his entire budget. Is this consumer maximizing his total utility? Explain your answer