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At the Point of Satiety,...

At the Point of Satiety,

A

MU is Negative

B

MU is zero

C

MU is Rising

D

None of these

Text Solution

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The correct Answer is:
B
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Knowledge Check

  • After reaching the point of satiety, consumption of additional units of the commodity cause:

    A
    TU falls and MU increases
    B
    Both TU and MU increase
    C
    TU falls and MU falls and becomes negative
    D
    TU becomes negative and MU falls
  • In the following diagram, the situation of Consumer's Equilibrium and Point of Satiety are represented by the points:

    A
    Point C and Point E
    B
    Point E and Point B
    C
    Point B and Point E
    D
    Point B and Point C
  • Which of the can be referred to as 'point of satiety ?

    A
    Marginal utility is negative
    B
    Marginal utility is zero
    C
    Total Utility is rising
    D
    Total Utility is falling
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