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Total utility curve:
  • a)
    First falls and then rises
  • b)
    Always falls
  • c)
    Always rises
  • d)
    First rises at an increasing rate, then rises at a decreasing rate and falls after reaching its maximum.
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Total utility curve:a)First falls and then risesb)Always fallsc)Always...
MU decrease then TU increases at decreasing rate till MU becomes zero. when MU zero then TU maximum and when MU gets negative TU starts fall
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Most Upvoted Answer
Total utility curve:a)First falls and then risesb)Always fallsc)Always...
When mu is 0 then tu is on its maximum point and when mu is -ve then tu start falling at diminishing rate
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Community Answer
Total utility curve:a)First falls and then risesb)Always fallsc)Always...
It always rise at decreasing rate and when MU is 0 it is maximum and start decreasing when MU is negative
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Total utility curve:a)First falls and then risesb)Always fallsc)Always risesd)First rises at an increasing rate, then rises at a decreasing rate and falls after reaching its maximum.Correct answer is option 'D'. Can you explain this answer?
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