Marginal Utility Is Maximized When Total Utility Is One

question 67

True/False

Marginal utility is maximized when total utility is one.

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Definitions:

Predicates

Components of sentences that express what is being said about the subject, typically containing a verb and providing information about the subject's action or state.

Propositions

Statements or assertions that express a judgment or opinion which can be either true or false.

Proposition

An expression or declaration that conveys an assessment or viewpoint, capable of being either correct or incorrect.

Asserted

Asserted refers to a statement that is declared or stated firmly and confidently.