Consumer’s Equilibrium in Case of Single Commodity -Theory of Consumer Behaviour |Class 11 Economics

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Previous Video : Law of Diminishing Marginal Utility (DMU) - Class 11th Economics kzbin.info/www/bejne/eWi9fGiGZcd0pdU Next Video : Consumer’s Equilibrium in Case of Two Commodities - Class 11th Economics kzbin.info/www/bejne/aIazkpR8Zct1Z6s

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Mam, I'm not sure how Marginal Utility can come to a level equal to Price of the commodity..

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Nice explanation of single commodity case👍👍 thanks a lot

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[@demowiz_682]

10:20 Mujhe Jitna Pata Hai Ki Jab Ki Kisi Good Ka Consumption Hoga To Marginal Utility Decrease Hogi Na Ki Total Utility Total Utility Tab Decrease Hogi Jab Hamara Marginal Utility Negative Me Jayega Note: Aankh Band Karke Kuchh Trust Na Kare

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Unka mtlb tha, TU increase hoti hai par decreasing rate pr, mtlb pichle consumption se come rate pe increase hoti hai.

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Kya consumer's equilibrium daily life me apply hota h ? Please reply me mam 🙏

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Bookish economics and real economics are very different in life. That is why we take assumptions. Otherwise analysing economics will be very difficult.

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[@ANISHAKATHPAL]

I think there is some error here.Because according to me in case of one commodity,for equilibrium, price of x should be equal to marginal utility in terms of money but ma'am you are equating it to just marginal utility.why so??

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Thank you so much for your explanation but why should we divide the marginal utility of X product by marginal utility of money

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In the definition of consumer equilibrium 3 onee existing spelling is wrong exciting is written

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Remember: Here MU is in terms of MONEY and not the utils.

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Refer CA Parag Gupta's lectures for more clarification on the concept.

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that satisfied guy who ate 20 chocolates now needs equilibrium with his medical expenses

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Ma'am please explain the terms you used at 9:44. Please :D

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Util is an imaginary unit we use to measure utility. Because utility is a qualitative term. There is no measurement instrument to measure utility or in simple language satisfaction after you consume something.

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I seriously have lots of doubts in consumer equilibrium under one commodity

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That means you have still not understood ths concept. Clear the concept and you will have no doubts.

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I'm ready to eat more than 100 chocolates a weak but OK. I'll have to study this.

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Mam is there any option that can we get this notes completely about all utility approachs..... Plz do rply mam

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Hi 👋

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Phele mam ko chocolate do😂

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kya consumer equilibirum real life ma apply hota ha? plz reply me mam....

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After watching this I went for chocolates😁😂

[@RitwikMalpani]

Why price is constant if we but 1 commodity price is 10 so if we buy 2 it should be 20?

[@MagnetBrainsEducation]

Thank you for your comment! We're glad you're enjoying our videos. The price of a commodity is determined by the market and the demand for that commodity. The more people that want to buy it, the higher the price will be. Thanks for watching!

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But mam maximum satisfaction to 1st unit m milta h naa ek certain price pe

[@edenanfield9092]

maam i have a confusion this is not applicable in real life, i mean if i am consuming a chocolate i won’t measure my satisfaction in terms of numbers,right?

[@MagnetBrainsEducation]

Thank you for your comment! You are correct that this is not applicable in real life, but we offer these videos as a way for students to learn about different concepts. Thank you for watching our videos and we hope you continue to learn from them.

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watch previous video

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Mám derived kya hota h

[@Hemabhartihema4912]

जब एक चीज के कारण ढेर सारी दूसरी चीजों का demand होने लगे. अगर मार्केट में शर्ट का demand ज्यादा होगा तो धैर्य शर्ट बनाने वाली मशीन का demand होने लगेगा. मशीन भी फिर कपड़े का demand करेगी. कपड़ा के लिए धागा चाहिए.... तो मार्केट में शर्ट के demand से दूसरी चीजों का भी DEMAND हुआ.... यही demand DERIVED DEMAND कहलाता है. आपने derived पूछा.. मैंने economics में हर जगह derived word demand के साथ ही पढ़ा है. I hope you will understand. Thank you 🙏

[@Hemabhartihema4912]

Utility में भी कहीं कहीं derived word मिलता है. यानी कि जो आप प्राप्त किए हैं. माना कि आपने एक ice cream खाई तो आपको 10 utility मिली दूसरी ice cream से आपको 7 utility मिली. तीसरी से आपको 3 यूटिलिटी मिली. अगर कहा जाए कि आपने कितनी यूटिलिटी derived की है तो आप सारे ulitity को add कर देंगे 10+7+3=20 आपका जवाब होगा 3 ice cream खा कर मैंने total 20 utility derived की. Thank you 🙏

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will mum be 1 in every case or not?

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It's up to u

[@priyanshusingh125]

109 disliker are those who did not satisfy to eat 20 chocolate🍫 😂

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Pichli video ka comment dekhkr boldiyaaa😂😂😂

[@viratroa]

Tq

[@mamatapramanik4633]

Ma'am please make video for class11 on mcq of statistics