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Class notes ACCA / CA / M.Com / B.com / BBA

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Economics, Micro Economics, Micro Economics Notes of Theory of Consumer Behaviour, Consumer’s Equilibrium, Consumer’s Equilibrium under Cardinal approach-One Commodity or law of Diminishing Marginal Utility, law of Diminishing Marginal Utility for B.com, ADP, BS, BBA, I.Com / FA / F.Sc / BA / BSc/ B.com / ADP / BS / BBA / M BA / M.Com / ACCA, Summary of Micro Economics, Uses of Utility, Customer Behaviour, B.com, ADP, BS, BBA, I.Com, FA, F.Sc, BA, BSc, B.com, ADP, BS, BBA, M BA, M.Com, ACCA, Determinant of Utility, Types of Utility, Marginal Utility, Total Utility, Point of Satiety / Point of Saturation, Relationship between Total Utility and Marginal Utility, Law of Diminishing Marginal Utility, Law of Equi-Marginal Utility, Consumer’s Equilibrium under Cardinal approach-One Commodity Model or law of Diminishing Marginal Utility,

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MICRO
ECONOMICS




NOTES FOR

I.Com / FA / FSc / BA / BSc/ B.com / ADP /
BS / BBA / M BA / M.Com / ACCA

THEORY OF CUSTOMER BAHAVIOUR



Types of Utility
1.   Form Utility: -
When utility is created and or added by changing the shape or
form of goods, it is form utility.
For Example: - When you cut down a tree and use the timber
to create pencils, paper, furniture, etc. The tree now becomes more
valuable to the customer.
2.   Place Utility: -
Place Utility Having a product where customers can buy
it.



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