EET 200: INTERMEDIATE MICROECONOMICS THEORY

Institution UNIVERSITY
Course BACHELOR OF ECONOMIC...
Year 2nd Year
Semester Unknown
Posted By Brian Mike
File Type pdf
Pages 76 Pages
File Size 405.79 KB
Views 4340
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Description

In your elementary microeconomics, the basic principles of consumer behaviour were introduced by laying a strong foundation on the theory of demand on which premise the consumer behaviour is build upon. The consumer behaviour is introduced as a utility maximising behaviour but subject to consumer’s ability to purchase. A consumer is portrayed as an agent who goes for the best that he/she can afford.
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