Business Studies, asked by Dixant9131, 11 months ago

Derivation of the demand curve in revealed preference theory on samuelson

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Answered by kanta22566
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please give me answer
Answered by Arslankincsem
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Answer:


As per Professor Samuelson, the demand of a commodity depends on the choices that revel the preferences.  


It can be said that a consumer buys two combined goods as they are cheaper than others or the consumer likes the combination of the products.


If good x is plotted in X axis and good Y is plotted in Y axis of a graph the area covered reveals the inferiority of the choices.

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