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

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LINEAR PROGRAMMINGMODELOf utility analysisROLL :- 2020IMSBEC002, DEPARTMENT OF ECONOMICSUnder the guidance of Dr. Anjali Sharma Ma”am
Linear programming model :-Topic:- Utility AnalysisFrame1Answer:-(i) want satisfying power ,(ii) SatisfactionIf your answer is correct move to the next frame.If your answer is wrong, please move again to the frame 1 andsee the details given there.Frame 2Utility is the want satisfying power of goods and services.According to Lipsey, Utility is the satisfaction that ahousehold receives from consumption.Question:-utility is (i)………………, According to Lipsey it is (ii)……………Instruction:-after answering the question, please match itwith the response given below.In economics the marginal utility of a good or service is the gain froman increase or loss from a decrease in the consumption of that goodor 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 theanswer 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

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Lipsey