oge

Date

CmAPTER
THEORYOf CONSUMeR
btHAVIOUR : MARGINAL UTIurY AND NDIEFeRPNCE
CURVE ANALV8IS

Total
elaelas totsl Aatiactie deiued
CnduMex
colhanpiu o a

Hagunal ti4.
e M_additidne udlil deuiveal
Consuptiu c On bpedat aoloihnal
Lwit

T MO
O
1
A
2
3 21 TU

9 -3

HU

MU Camlin
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Date:

Auo
Relatosluip b Total UtiG
Hangnal Útit
intualng, MU a _
As lena as TU
pasiti maximum a his p Mu
TU
MU beumnes
Lolan TU Ataui dleclnng,

LAW Of DIMINSHING MARGINAL UTILTI

hat
Stalimew Law h u Law Ata
OLwoun Dudumea a cmndoli
e4ua
tili desiedlay cSousumen
adolidnal utit V ie maqna L
clewasiuo

Aumphans=

1Au Cnainabodty muale be

2 idendical
chauge tasli aud
The should
Helenanu
3TK shoulo k Lorutinaus Cuiumphm
4. auma Ahaulok kaima
 rog --
Dcle:

Sdnd ul
aih MO

DiaQnam

MU

xplanadim
AA mo auo i
da
olensase anal an , ut? l olives h
adoliinaal u t i y dease
Aadauu [Link]'h
wael oaiuh met h
Jut, allaloe a s xt imp
Camlin
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Date

*CONsUMeR'S EguIu BR1UM HRoUGH CARDINAL UTLITy

ApPRoAcH ONE ComModTY CAS

Meauiug A
utillly maxinilmg Cosumu wl o
eautbuuwm urte plunlhases uat mud.
aComunooli
a
L w t u Hha mangna

o CoAaalile eawas

Coudiuou MUx P
MUx Haginal Utit Ga x
Px P

Scheduu
Uila HU
2 6SO
3 6o Equli'huum
5s
5 3So
Let

Dianam

E CecuiGesuw MU P

Sao
MUX
3
O
.Eyplanationu
abov ao ove ls duagtam Coukum
e i l i bu'um Couuums
col caAL at i s poiat

1anad 2 MUx 2 Px tleu

L Aplu.

wt anc 5 MUxPxThtmeans
qcttina le Aatisaion u pe to piu.

LA 0Df Egu1- HARNAL OTLLITY

Meamn utili marinniina

M adLoca is newe anaeu4 Vausw
Csmnooltius duda

in Aam usinalutiil

Conditen MU MU MU
Px Py
MUx Hagal ubi
MU Hangual
P
MUm Macenna

Camlin
 P

She dle
Suppa Coume waut to ipand 4
Pundhasu 9 u sdi' he Xand Y
Px Ss
Py Zlo

uila MUx MUy MUx/e MU/P

86
2
3 &
3s S
S 6
3o S 3

Expenolituu lable
LDainauen Total zpmali tuu

I S w G o ax 3xS= IS
wwt s Gd Y

I|4 wta Gsod X xS 20

wwils Gan Y Xlo 20
5

TL 5 witn Gqsa X SXS S5

3 wba G YY 3x1o 30

66 w s 6XS 30
ad Y
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Explanatio

Caxe 1,ie. whe ue 3 u i a aGaeex

anod iE seaing abveschadule
e a i l tbuiwm
olocs sodi cmdi
Ham

MUx = MUV MUm

Px P

win we

oay, censumen meala

squik eai G&ium Pe Aatialies
Lemdi bi om Mu MUy MUm
Px Py
Case II e ok 5nib a G
and qao Y, Cmakwme doe
tii

Coe
Coe V tak 6uiaa oalx_anal
agaia
t libiu be coul
cxpa

ndi e s n Cwve

Conlbunatuo foroal HRS

A
2 3:1

5
D

Camlin
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Date

CuA AlhasgVosiaus Cemabinahau

two LonuatolliieA
Aaiahan sumeha.

*ndlanes Map

T
TC

oiuantu map a wali wwnd

Cue Ca ans lia upasedt a
gusnlee ttalaion
 Toge

Dote:

*Manqua Rate o Qlatt btia

a uatu a s i cobum
to wline
Qnothe
ahanguug level
Aatisadiaw

9opeties uat lauenc we.

A wdternLe Cne ALbp daonuoandla m

Lt Lo
Rope haAld_m alumphm
Lammoali'

G
Au nai Lne CA is comuex tu tuaigw
hased allmiialEq
HRs

|Hiahea indlilostnc yeilals Waleas Aatialacin

mdiene CuAvL 4epnsdlita
Lnaina. uaid ylds mass Adtlacm an
Lombinadion_ lne iadilaen uve
OD
so nollesn ialinseec
Aeula oliesut leel
Aatialab
wme ea

budae Lne

Camlin
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Date

TGt
ih exRAnoiliu
Cthin Fodol S x u t 6x2o) 200
5

3 x 4 )tGx3a)
3
a xuo) t6x2
2
x o ) +(8xa =
8
(Oxo +lox 20) =Aa

budat Line.
*Bopedia
Alop inn
LAe4ua
Satio
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Dale
A
Lown elibium

Meanng A QnAume maal a cilibuum wln

h maxinmiseAA i Latal utii V.
auo Ruces mndadihes.

nnditionm
HRS Py
Lheuld Cnvex aig

Daala

20

M TC3
A

Explanato
H aloavc Ca
COmeinatisu lies
bue L n L kL uclu cemkinakn D becb
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Date

h stuu hand Omy gAanloinaUn ud HL

olak C biaion A
Lah bu awy Aueh Cblinal
m Aatasdn
. kighe nditunu u L
touheA T Occ a pru T
10
CEnonahon
lno ON
DuAcha.

Lqlibwu ll attoun
ucae langtu to a p o a
indlleene Luave