Total utility is maximized when marginal utility becomes (positive, zero, negative).

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Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

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Question Posted: Nov 27, 2015 02:13 AM

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Total utility is maximized when marginal utility becomes (positive, zero, negative).

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Zero If marginal utility is positive total utility will incr...View the full answer

Microeconomics

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