Define price effect.
Cardinal Utility Approach | Microeconomics
Management Notes
Ans) Price effect is defined as the change in consumer’s equilibrium with the change in price of a commodity .Purchase of goods will be affected with the change in price of a commodity,Keeping other things constant.
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MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
MBA,BBA.
I am Smirti Bam, an enthusiastic edu blogger with a passion for sharing insights into the dynamic world of business and management through this website.
I hold a MBA degree from Presidential Business School, Kathmandu, and a BBA degree with a specialization in Finance from Apex College,
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