Browsing by Author "GEHANI, LUBNA"

Now showing items 1-3 of 3

  • Deciding the optimal point for consumers via the classical theory 

    GEHANI, LUBNA (Faculty of Business Administration, 2019-05-11)
    Consumer reaches the optimal point when reaching the maximum utility level. Economists use the classical theory to calculate consumers optimal point. The cost of each product and the income of the consumer play a ...
  • Total Utility & Marginal Utility 

    GEHANI, LUBNA (Faculty of Business Administration, 2019-05-11)
    It is an algebraic expression which allows the ranking of consumption quantities according to satisfaction levels.
  • Total Utility & Marginal Utility 

    GEHANI, LUBNA (Faculty of Business Administration, 2019-06-25)
    Utility: It is the level of satisfaction obtained from consuming a specific quantity of goods and services. Utility Functions: It is an algebraic expression which allows the ranking of consumption quantities according ...