If marginal utility is zero ?
A. Total utility is zero
B. An additional unit of consumption will decrease total utility
C. An additional unit of consumption will increase total utility
D. Total utility is maximized
A. Total utility is zero
B. An additional unit of consumption will decrease total utility
C. An additional unit of consumption will increase total utility
D. Total utility is maximized
A. none of these answers.
B. the minimum amount the seller is willing to accept for a good
C. the seller’s producer surplus
D. the maximum amount the seller is willing to accept for a good
E. the seller’s consumer surplus
A. Iron ore
B. Coal
C. Mica
D. Copper
A. Value addition
B. Excise
C. Value added
D. Tax on stage
A. laquer work
B. fire work
C. wooden work
D. None of them
A. foreign; domestic
B. current year; base year
C. domestic; foreign
D. base year; current year
E. intermediate; final
A. Price index
B. Price indexing
C. Price fixing
D. Price choosing