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Table Of Contents

Utility
Total Utility
Marginal Utility
Total Utility and Marginal Utility-
A Hypothetical data
Total and Marginal Utility
Law of Diminishing Marginal
Utility Maximization in a world
of without Scarcity
Utility Maximization in a
World of Scarcity
Shift in Budget Line
Price of Food Decreases
Consumer Choice
Marginal Utility and
Consumer Choice- A
hypothetical example
Consumer Equilibrium- Example
Summary
Topics of Discussion
Ordinal Approach to
Consumer Behavior
Ordinal Approach
Indifference Curve
Properties of IC
Indifference Map
Consumer Surplus
Consumer Surplus (CS)
Application of Consumer
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CONSUMER_BEHAVIOR

CONSUMER_BEHAVIOR

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Published by Shifa Sharma

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Published by: Shifa Sharma on Mar 03, 2011
Copyright:Attribution Non-commercial

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01/03/2013

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