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picture1_Economics Pdf 119438 | Eco Notes11 2


picture2_Economics Pdf 119438 | Eco Notes11 2 picture3_Economics Pdf 119438 | Eco Notes11 2

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File: Economics Pdf 119438 | Eco Notes11 2
CBSE Class–11 economics Revision Notes Micro Economics 02 Consumers Equilibrium & Demand Consumer : is an economic agent who consumes final goods or services for a consideration. Utility: ...

icon picture PDF Filetype PDF | Posted on 07 Oct 2022 | 2 years ago

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...Cbse class economics revision notes micro consumers equilibrium demand consumer is an economic agent who consumes final goods or services for a consideration utility want satisfying power of commodity total it the satisfaction derived from consumption given quantity at time in other words sum marginal change resulting additional unit each mu tu n relation between and units material downloaded mycbseguide com i when diminishes but positive increases diminishing rate ii zero maximum iii negative law as more successive go on declining this basis s bundle quantitative combination two which can be purchased by his income equi states that spends different he will attain maximize point where ratio price commodities are equal turn to money budget set those bundles purchase prevailing market prices real purchasing certain line graphical representation all cost amount just gives us monotonic preferences called any one has good no less offers him higher level there parallel shift leftwards rightw...
								

							

						
	
												
				
					
					
					
			
					
				
				
		
	

	
		





	

	
				

						

						
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										Category:  Uncategorized / Uncategorized 
										
Posted on: 07 Oct 2022 | 2 years ago
										
										
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