Deciding the optimal point for consumers via the classical theory

GEHANI, LUBNA (2019-05-11)

Presentation

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 role in determining the optimal point.

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Attribution-NoDerivs 3.0 United States
Except where otherwise noted, this item's license is described as Attribution-NoDerivs 3.0 United States