linear programming model.docx - LINEAR PROGRAMMING MODEL Of...

LINEAR PROGRAMMING
MODEL
Of utility analysis
ROLL :- 2020IMSBEC002, DEPARTMENT OF ECONOMICS
Under the guidance of Dr. Anjali Sharma Ma”am

L inear programming model :-
Topic:- Utility Analysis
Frame1
Answer :- (i) want satisfying power , (ii) Satisfaction
 If your answer is correct move to the next frame .
 If your answer is wrong, please move again to the frame 1 and
see the details given there .
Frame 2
Utility is the want satisfying power of goods and services.
According to Lipsey, Utility is the satisfaction that a
household receives from consumption.
Question:-utility is (i)………………, According to Lipsey it is (ii)
……………
Instruction :-after answering the question, please match it
with the response given below.
In economics the marginal utility of a good or service is the gain from
an increase or loss from a decrease in the consumption of that good
or service.
Question:- Marginal utility is the (i)………….. from increase and (ii)
…………..from decrease in consumption.
Hope you have done well , please match your response with the
answer given.

Answer :- (i) Gain/increase (ii) Loss/decrease.
 If your answer is correct then please move to the next frame.
 If your answer is incorrect, then once more see frame 2.
Frame 3