Managerial Economics; Management; <br /> <br />Consumer's Equilibrium | Multi Commodity Model | Cardinal Utility; <br /> <br />Introduction 00:00:00- 00:01:15 <br />*Relevance of Multi- Commodity model <br /> <br />The Two Assumptions under Cardinal Utility Approach 00:01:16- 00:13:20 <br />- Limited money income (under multi-commodity model) <br />- Diminishing marginal utility (under multi-commodity model) <br />*Revision of Equimarginal principle <br />*Role of Equimarginal principle in Multi Commodity model <br />*How to find consumer’s equilibrium under Multi Commodity model? <br />*Conclusion <br /> <br />Video by Edupedia World(www.eduupediaworld.com), Free Online Education. <br />All Rights Reserved.
