File Details
The Hicks and Allen Programme | |
File name | The Hicks and Allen Programme |
File Description | In economics, the marginal rate of substitution is the rate at which a consumer is ready to give up one good in exchange for another good while maintaining the same level of utility. At consumption levels, our marginal rates of substitution are identical. |
Category Name | Management Studies |
Subject Name | BUSINESS ECONOMICS |
Module Name | Theory of Consumer Behaviour |
Micro Category Name | Law of Diminishing Marginal Rate of Substitution |
Level | Masters |
File Type | |
File | Login to Download |
File | Login to Download |