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THEORY OF CONSUMER BEHAVIOR | CONSUMER EQUILIBRIUM : CARDINAL UTILITY APPROACH

THEORY OF CONSUMER BEHAVIOR | CONSUMER EQUILIBRIUM : CARDINAL UTILITY APPROACH #CONSUMER BEHAVIOUR#CONSUMER EQUILIBRIUM

In this video we have discussed the 'Law of Diminishing Marginal Utility', Consumers' Equilibrium in one commodity case as per Cardinal utility approach of Marshall. Law of Equi-Marginal Utility given by Gossen is also discussed.

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microeconomics,consumerequilibrium,consumerbehavior,cardinalutilitytheory,lawofdiminishingutility,marshallianconsumerequilibrium,cardinalapproachtoconsumerequilibrium,

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