0
What else can I help you with?
Will consumer buy more when price of a commodity falls?
according to law of demand consumer buy more of the commodity when price decreases
What is Law of Equi-Marginal Utility?
Law of Equi-Marginal Utility explains how a consumer can get maximum satisfaction out of his expenditure on different goods.
What is ordinal approach to the theory of consumer behavior?
ordinal approach to the theory of consumer behaviour is consumer's ability to rank his preference for various combination of products. It uses Indifference curve to analyse these preferences.
What is the relationship between consumer preferences and the law of diminishing marginal rate of substitution?
Consumer preferences refer to the choices individuals make when selecting goods and services. The law of diminishing marginal rate of substitution states that as a consumer substitutes one good for another, the marginal rate of substitution decreases. In simpler terms, as a consumer consumes more of one good, they are willing to give up less of another good to continue receiving the same level of satisfaction. This relationship between consumer preferences and the law of diminishing marginal rate of substitution highlights how individuals make trade-offs when making consumption decisions.
What Importance f law of demand?
It helps to Determination of price. The study of law of demand is useful for a trader to fix the price of a commodity. And also law of demand explains consumer choice behavior when the price changes.
What do you call someone who studies and practises law?
A person who studies and practices law is typically referred to as a lawyer or an attorney.
What is a person who studies the law?
a law student
What word means a person who studies the law?
Lawyer because they learn the law.
What you should call your husband sister?
You can refer to her as your sister-in-law; in person you should call her by her name.
What do you call a person who practice law?
lawyer or attorney- synonym- both practice law
What do you call your daughters mother in law?
I call her Jane. There is no special name for a person in that relationship.
Where can one find information on consumer law?
Information on consumer law can be found on the specific country's government website for consumer law. It can also be found at the National Consumer Agency.
What you call a person who helps you in breaking the law?
Such a person would be an accomplice or a partner in crime.
A summary of the consumer act of the Philippines?
The Consumer Act of the Philippines is the law for the protection of the consumer. The law promotes the consumer's general welfare and establishes standards of conduct for business and industry.
When was Institute for Communications Law Studies created?
Institute for Communications Law Studies was created in 1981.
What should i call my brother's wife?
You should call her by her first name. You may refer to her in third person as your sister-in-law.
What do you call a person who puts the law in his own hands?
Is called a 'Vigilante'.
