Explain 'saving function' with the help of a schedule and diagram.

Explain 'consumption function' with the help of a schedule and diagram

What is meant by expansion is demand ? Explain it with the help of a schedule and a diagram.

Explain the process of price determination under perfect competition with the help of a schedule and a diagram.

Explain the determination of price under perfect competition with the help of a schedule and a diagram.

Explain the various points of relationship between marginal utility and total utility with the help of schedule and diagram.

Explain the law of diminishing returns with the help of a hypothetical schedule and diagram.

Explain the concept of marginal cost with the help of a hypothetical schedule and diagram.

Explain the relationship between total revenue and marginal revenue with the help of a reveneu schedule and diagrame.

Explain the concept of MRS with the help of an example and diagrame.

Explain, in brief, the meaning of variable cost with the help of a hypothetical schedule and diagram.