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Demand Theories: Diminishing Marginal Utility and Indifference Curve Analysis
Introduction to Undergraduate and Advanced Level Economics Seminars
1 hour 50 minutes 29 seconds
4 years ago
Demand Theories: Diminishing Marginal Utility and Indifference Curve Analysis
This episode provides a detailed explanation of the two main theories which explain demand: the law of diminishing marginal utility as well as the Indifference Curve Analysis.
Introduction to Undergraduate and Advanced Level Economics Seminars
