MICRO
MICRO CH. 1-4
MICRO CH. 1-4
101
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Kartei Details
Karten | 101 |
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Sprache | English |
Kategorie | BWL |
Stufe | Mittelschule |
Erstellt / Aktualisiert | 12.01.2017 / 19.01.2017 |
Lizenzierung | Keine Angabe |
Weblink |
https://card2brain.ch/box/20170112_micro1
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Einbinden |
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Utility theory : Assumption
consumer knows his taste & preferences & takes rational actions that result in a more preffered consumption bundle
Consumer basket
all the possible goods and services are in one basket
Consumer bundle
all the same goods but in different quantities in a bundle
Assumtion of copletens
given bundles A and B, she must be able to say either that she prefers A to B, or she prefers B to A, or she is indifferent between the two.