Cardinalist theory Study guides, Class notes & Summaries
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Cardinalist theory explained
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CARDINALIST THEORY:

Cardinal utility theory

Concept of utility

Marginal utility

Assumptions (axiom) made under cardinal approach

Derivation of the equilibrium condition for the consumer

Derivation of the demand curve for the consumer

Critique of the cardinal approach
Summary
Cardinalist theory explained
Last document update:
ago
CARDINALIST THEORY: 
Cardinal utility theory 
Concept of utility 
Marginal utility 
Assumptions (axiom) made under cardinal approach 
Derivation of the equilibrium condition for the consumer 
Derivation of the demand curve for the consumer 
Critique of the cardinal approach
$12.49
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Fear of missing out? Then don’t!
Do you wonder why so many students wear nice clothes, have money to spare and enjoy tons of free time? Well, they sell on Stuvia! Imagine your study notes being downloaded a dozen times for $15 each. Every. Single. Day. Discover all about earning on Stuvia
Do you wonder why so many students wear nice clothes, have money to spare and enjoy tons of free time? Well, they sell on Stuvia! Imagine your study notes being downloaded a dozen times for $15 each. Every. Single. Day. Discover all about earning on Stuvia