Derive Demand curve from price consumption curve
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Answer:
The price-consumption curve (PCC) indicates the various amounts of a commodity bought by a consumer when its price changes. The Marshallian demand curve also shows the different amounts of a good demanded by the consumer at various prices, other things remaining the same.
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Explanation:
The price-consumption curve (PCC) indicates the various amounts of a commodity bought by a consumer when its price changes. The Marshallian demand curve also shows the different amounts of a good demanded by the consumer at various prices, other things remaining the same.
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