“CUET Economics Notes by Artham Resources: Chapter 2 – Consumer’s Equilibrium. Explores the concept of consumer behavior, utility analysis, and the determination of optimal consumption levels.”
Content of Chapter 2 – Consumer’s Equilibrium:
- Introduction to Consumer’s Equilibrium
- Utility: Meaning, Types, and Measurement
- Law of Diminishing Marginal Utility
- Budget Constraint and Consumer’s Budget Line
- Indifference Curve Analysis
- Consumer’s Equilibrium: Marginal Utility and Budget Optimization
- Applications of Consumer’s Equilibrium in Decision Making
Reviews
There are no reviews yet.