Derivation of Demand curve Indifference curve approach

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Vellaichamy Nallasivam
  1. Vellaichamy Nallasivam
  2. PCC
  3. Price Effect
  4. IC analysis
  5. Ordinal Utility approach
  6. Demand curve
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Комментарии
Автор

Thank us so much u r very clean in explaining

shubhamsoni
Автор

how to get prices p4, p3, p2, p1? not clear

sampathmullavithana
Автор

If e4 point is higher than the e3 point
Then why H point is lesser than the G point
From the vertical point of view

jharkhandspecial
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Sir, in Figure 1, M1 is a quantity, whose each unit cost Rs. P4
But, in Figure 2, M1 is a quantity, let's say M1 = 20 units, whose each unit price is not uniform .

Why is this so? I mean we must not fix the price of each unit in a budget set knowing that it contradicts Demand curve. And Yes, it contradicts Demand curve.
Sir, this is a dilemma for me.
Please clarify my doubt.

Thank you

sourabkumar
Автор

Given the following total cost and demand function of a firm, find the price at which profit would be maximized?
C=5Q^2+20Q+10
P=100-3Q
Where C=total cost
Q= output
P=price

ashoklakkireddy