Download App

Theory of consumer behaviour — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsTheory of consumer behaviour1 Mark
MCQ
Total utility is maximum when:
  • ✓
    Marginal utility is zero.
  • B
    Marginal utility is at its highest point.
  • C
    Marginal utility is equal to average utility.
  • D
    Average utility is maximum.
✓

Answer

Correct option: A.
Marginal utility is zero.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "M.C.Q (1 Marks)" from Theory of consumer behaviour→Theory of consumer behaviour — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

A firm under perfect competition is a:
→
Marginal product, mathematically, is the slope of the:
→
Market supply curve of perishable goods is a vertical straight line parallel to Y-axis. It happens in which of the following periods?
→
When percentage change in quantity demanded is more than the percentage change in price of the commodity, it is said to be:
→
When $AC = MC, AC$ is $......$
→
When same quantity is supplied at a higher price, it shows:
→
Assertion (A): Economists might not be interested in predicting the changes in one economic factor due to the changes in another factor.
Reason (R): Statistics helps to predict the future behavior of phenomena for the future is predicted on the basis of available statistics of past and present.
→
Laspayer's index is based on
→
A firm under perfect competition can sell _______________ amount of its output at the prevailing price.
→
Marginal revenue of a firm is constant throughout under:
→