Dr Alfred Marshall has explained utility analysis of demand in his book “PRINCIPLES OF ECONOMICS” published in 1890. His study of demand is based on the marginal utility analysis. The demand for a commodity depends on the utility of that…
Dr Alfred Marshall has explained utility analysis of demand in his book “PRINCIPLES OF ECONOMICS” published in 1890. His study of demand is based on the marginal utility analysis. The demand for a commodity depends on the utility of that…