Question

⭐✨_ Explain the derivation of demand curve in the case of single commodity_??​

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Answer 1

Answer:

In the case of a single commodity, the derivation of the demand curve is done with the help of the concept of diminishing marginal utility. Marginal utility is the satisfaction a person receives from consuming one unit of commodity. ... As more units of commodity X are purchased, its marginal utility diminishes.

Explanation:

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Answer 2

Answer:

In the case of a single commodity, the derivation of the demand curve is done with the help of the concept of diminishing marginal utility. Marginal utility is the satisfaction a person receives from consuming one unit of commodity. ... As more units of commodity X are purchased, its marginal utility diminishes

here is your answer harshu

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