Microeconomics Tutor London – Top micro professors for private classes in London
Microeconomics Tutors in London for LSE, Kings, UCL, Imperial, Queenmary, City University. The derivation above shows the marginal rate of substitution which is the slope of the indifference curve. We make use of the total differential which is given by du in this case. Since the indifference curve represents indifference, it means total utility should […]