Law of Diminishing Marginal Utility It is very important and the first law of consumption. It based on every day experience of human life that when we use...
Microeconomics
The amount of goods and services produced are called production and the portions of the produce offered for sale at prevailing prices in a given period of time...
Most important questions for Microeconomic Theory (Paper-1) for MA./M.Sc. Economics Part-I from the paper point of view are given below. Theory of Consumer...
Microeconomic Theory (Paper-1) MA./M.Sc. Economics Part-I This course aims at providing comprehensive knowledge of consumer, firm, and market theory and their...