next PUC Business economics Concept regarding User Conduct Several Marks Concerns and you can Solutions
Question eight. What’s request? Answer: Consult is the quantity of an effective you to definitely a customers instructions in an industry within a specific price, at a certain date.
Give analogy?
Matter step step one. What is MRS? Answer: Limited Price away from Replacing is the rate at which the consumer tend to replace bananas having mangoes, in order for their/the woman overall electricity stays lingering. Very, MRS = | ?Y / ?X |.
Matter dos. Exactly what are the differences when considering funds range funds place? Answer: Finances Lay : The funds set is the distinctive line of all of the bundles that the user can obtain along with her money during the prevalent field prices. (περισσότερα…)