Applications of the law of equi-marginal utility

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State and explain the limitations of the equi- marginal utility.

What are the applications of the law of equi-marginal utility.

Explain, using diagrams the characteristics /properties of indifference curves.

Critically explain the exemptions of the law of diminishing marginal utility.

Using diagrams, derive the demand curve using the law of diminishing.

Explain the properties of utility.

Explain reasons why prices of Agricultural products fluctuate more than the prices of manufactured goods.

Explain the theory of consumer behavior.

Explain 6 pros of elasticity of demand

Reference no: EM132896295

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