SF Intermediate Economics 2005/06 Francis O’Toole CONSUMER THEORY We will look at Scarcity: income and prices Tastes Combine scarcity and tastes (i) Individual demand (ii)…
SF Intermediate Economics 2005/06 Francis O’Toole CONSUMER THEORY We will look at Scarcity: income and prices Tastes Combine scarcity and tastes (i) Individual demand (ii)…