PLEASE CHECK THE ANSWER
Dear student,
The theoretical explanation provided by you is correct. However, you need to explain the numerical part as well.
This topic has been extensively covered in our study material. the same can be viewed at the below mentioned path.
Class XII- Commerce- Economics- Microeconomics- Theory of Consumer Equilibrium- Cardinal Appraoch and Utility Analysis
The theoretical explanation provided by you is correct. However, you need to explain the numerical part as well.
This topic has been extensively covered in our study material. the same can be viewed at the below mentioned path.
Class XII- Commerce- Economics- Microeconomics- Theory of Consumer Equilibrium- Cardinal Appraoch and Utility Analysis