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Demand theory

Demand theory

John Palmer, Susan Murgatroyd, Cathy Boak

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)

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Book data from Open Library. Cover images courtesy of Open Library.