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factors present in decision making
Utility what it means to a person
marginal utility total utility be able to apply utility
What is the utility on another unit of what you're going to purchase
purchase utility goes down
diminishing marginal utility
if you had a product where the marginal utility in dollars exceeds the price what is the price and marginal utility in relation to the price
consumer surplus what does it measure
when you decide to buy one product over at the same price what would you base your decision on
graphs surplus
diamond water puzzle
difference between inferior and superior goods
what happens when a consumer sees a price fall
demand curves specific consumer question
what does the dropping of price to increase sales represent
college that has lower tuition and there aren't students and they raise tuition and more students come what does that represent
price of a record vs price of a compact disk
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