Question : What will be total utility when marginal utility is zero?

Option 1: Minimum

Option 2: Zero

Option 3: Maximum

Option 4: Negative

Question : In the cardinal utility approach, consumer's equilibrium is achieved when:

Option 1: Total utility is maximized.

Option 2: Marginal utility is maximized.

Option 3: Marginal utility equals zero.

Option 4: Marginal utility per dollar spent is equal across all goods.

Question : In the cardinal utility approach, the consumer's equilibrium is achieved when:

Option 1: Total utility is maximized.

Option 2: Marginal utility is maximized.

Option 3: Marginal utility equals zero.

Option 4: Marginal utility per dollar spent is equal across all goods.

Question : In the cardinal utility approach, the consumer's equilibrium is achieved when:

Option 1: Total utility is maximized.

Option 2: Marginal utility is maximized.

Option 3: Marginal utility equals zero.

Option 4: Marginal utility per dollar spent is equal across all goods.

Question : In the cardinal utility approach, the consumer's equilibrium is achieved when:

Option 1: Total utility is maximized.

Option 2: Marginal utility is maximized.

Option 3: Marginal utility equals zero.

Option 4: Marginal utility per dollar spent is equal across all goods.

Question : In the cardinal utility approach, the consumer's equilibrium is achieved when:

Option 1: Total utility is maximized.

Option 2: Marginal utility is maximized.

Option 3: Marginal utility equals zero.

Option 4: Marginal utility per dollar spent is equal across all goods.