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HKALE Microeconomics

HKALE Microeconomics. Chapter 3: Consumer Demand(1)-The MUV Approach and Exchange. Six Basic Postulates. Each individual desires more goods and has many goals. For each individual, some goods are scare.

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830 views • 66 slides

Chapter 5 CONSUMER THEORY MUV Approach

Chapter 5 CONSUMER THEORY MUV Approach. Value of a good. Use value Exchange value. The value of a good. The maximum amount of another good which a person is willing to forgo to obtain it. Exchange value of a good. The market value of the good.

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325 views • 24 slides

Brauer M.(1), Wolfaardt M.(2), Taylor M.B.(2), Webber L.M.(1)

Molecular detection and characterisation of mumps virus in cerebrospinal fluid in a Gauteng laboratory. Brauer M.(1), Wolfaardt M.(2), Taylor M.B.(2), Webber L.M.(1). Department of Medical Virology, University of Pretoria/National Health Laboratory Service

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286 views • 18 slides

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Muv - PowerPoint PPT Presentation

HKALE Microeconomics

Chapter 5 CONSUMER THEORY MUV Approach

Brauer M.(1), Wolfaardt M.(2), Taylor M.B.(2), Webber L.M.(1)