unit-5-consumer-equilibrium---cardinal-and-ordinal-approaches

Unit-5 Consumer Equilibrium - Cardinal and Ordinal Approaches

In this unit, we continue the discussion on demand and focus our attention on consumer’s behaviour in order to explain the law of demand.

When marginal utility is increasing what happens to total utility?




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Learning Pundits Content Team

Written on Jun 26, 2019 6:33:03 PM

Total utility is increasing at an increasing rate.



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