Documents Cardinal utility

1. Assumptions of Utility  Rational consumer  Cardinal utility  Divisibility  Independent utility  Diminishing Marginal Utility 2. Concepts of Utility On the…

Documents Legal Concepts of Marketing

Graduate/Postgraduate Diploma in Marketing Foundation Level Recommended Study Text Ec o n o m ic & Le ga l C o n ce pt s fo r M a rk et in g Nishan C. Perera MBA(Sri.J),…

Documents Diminishing Marginal Utility

Can you get too much of something? DIMINISHING MARGINAL UTILITY Why do people demand goods and services? Receive satisfaction or pleasure from consuming the good. Economists…