7 utility
Concepts in economics
Fundamentals of Microeconomics. Puzzle Why the consumers are so different? Consumer preferences Budget constraints What amount and types of goods.
Utility and Demand CHAPTER 7. After studying this chapter you will be able to Explain what limits a household’s consumption choices Describe preferences.
8 UTILITY AND DEMAND © 2012 Pearson Education © 2010 Pearson Education The choices you make as a buyer of goods and services is influenced by many factors,
Utility and Demand CHAPTER 7. 2 After studying this chapter you will be able to Explain what limits a household’s consumption choices Describe preferences.
8 UTILITY AND DEMAND © 2012 Pearson Addison-Wesley.
