A single commoditiy with one use
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Single Commodity: The Law of DMU can be used to explain consumer's equilibrium in case ofa single commodity. ... A consumer purchasing a single commodity will be at equilibrium, when he is buying such a quantity of that commodity, which gives him maximum satisfaction. And its use is The consumer's equilibrium.
Hope it will help you...
Single Commodity: The Law of DMU can be used to explain consumer's equilibrium in case ofa single commodity. ... A consumer purchasing a single commodity will be at equilibrium, when he is buying such a quantity of that commodity, which gives him maximum satisfaction. And its use is The consumer's equilibrium.
Hope it will help you...
keshav5625:
plz give me answer in word..
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