Managerial Economics|Ordinal approach|Indifference curve|Marginal Rate of Substitution MRS|Malayalam

Managerial Economics|Ordinal approach|Indifference curve|Marginal Rate of Substitution MRS|Malayalam
Explained:
Measurement of utility
Cardinal & Ordinal utility analysis
Indifference curve with graphical presentation
Marginal Rate of Substitution - meaning, and calculation
The relationship between total utility and marginal utility

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