Law of
Demand
Example-
When the prices of sugar is increasing the consumption of sugar decreasing.
Law of
Supply
Example-
When the price of wheat increasing the demand is also increasing.
Marginal
Utility
Example- When
we go to dominoes we take two chicken pizzas and take one extra burger. The
extra burger is the marginal utility.
Utility
Example- When
we go to restaurant we take one Bengali meal thali the satisfaction we get is
the utility.
Opportunity
cost
Example-
When we go to restaurant we choose between plain rice or fried rice we choose
fried rice and plain rice is the opportunity cost.
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