Demand theory
Demand theory
About this book
"This program explains the theory of household behavior, outlines the law of diminishing marginal utility, and introduces the household's optimal purchase rule. The program also shows how diminishing marginal utility contributes to consumer surplus, and then applies this concept to evaluate user fees for public services."--Container.
Details
- OL Work ID
- OL34726379W
Subjects
Demand (Economic theory)Demand functions (Economic theory)Consumption (Economics)