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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

Total Utility
Definition: -

Total utility is the amount of satisfaction (utility) obtained from
consuming a particular quantity of a good or service within a given
time period.
It is the sum of marginal utilities of each successive unit of
consumption.

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Course: ACCA / CA / M.Com / B.com / BBA

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Uploaded on: March 3, 2022
Number of pages: 2
Written in: 2021/2022
Type: Class notes
Professor(s): My self
Contains: All classes

Subjects

economics
micro economics
consumer’s equilibrium
micro economics notes of theory of consumer behaviour
consumer’s equilibrium under cardinal approach one commodity or law of diminishing marginal u

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

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