At the point of satiety, marginal utility is
A). Zero
B). Positive
C). Maximum
D). Negative
Positive
At the point of satiety, marginal utility is positive. Goods where there is a point of satiety. This situation is common in food. To the point of satiety, the marginal utility is positive; after that point, the marginal utility is negative.
1. In the case of a Giffen good, the demand curve will be
2. Liquidity trap is a situation in which:
5. The demand curve facing a perfectly competitive firm is
6. Which of the following accounts for the maximum share in India's foreign exchange reserves?
8. When demand is perfectly inelastic, an increase in price will result in
9. Which of the following is correct regarding the Gross Domestic Saving in India
10. Question 12:Can simple correlation coefficient measure any type of relationship?