State the Law oj Lyums
Law of Equi-Marginal Utility
For answer see Solved 2014(Private) Section "B", Q
State the Laws of Returns and Laws of Costs.
The Laws of Returns and Law of Cos
For answer see Solved 2014(Private) Section "B", C
Explain the expansion and contraction
demanded.
Expansion and Contraction in
Pemanded
Demand represents the entire demand schedule
the quantities of a good demanded at various
Answers
Answered by
0
Answer:
Law of Equi-Marginal Utility explains the relation between the consumption of two or more products and what combination of consumption these products will give optimum satisfaction. Marginal Utility is the additional satisfaction gained by consuming one more unit of a commodity
Explanation:
Similar questions