Abstract
This program explains the theory of household behavior, outlines the law of diminishing marginal utility, and introduces the household's optimal purchase rule. The program also shows how diminishing marginal utility contributes to consumer surplus, and then applies this concept to evaluate user fees for public services.
Collection
Contributors
Duration
00:28:59 (HH:MM:SS)
Language:
English
Target or Intended Audience
Higher education
Copyright Holder
Name | Films Media Group (Firm) |
Role | Publisher |
Telephone | 800-257-5126 |
Address | 200 Metro Blvd. Suite 124 Hamilton, NJ 08619 |
[email protected] |
Rights Declaration:
This video is protected by copyright. You are free to view it but not download or remix it. Please contact the licensing institution for further information about how you may use this video.
Persistent/Share URL
https://54098.surd9.group/show.php?pid=njcore:22627
Basic LTI parameter
pid=njcore:22627
PID
njcore:22627
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