Economics · Year 2 · Week 6
Total, Marginal and Average Utility Curves
- Strand
- Consumers’ Rational Decision Making
- Sub-strand
- Consumer Behaviour
- Content standard
- Apply knowledge in utility concept as a rational consumer
- Learning outcome
- Exhibit rational behaviour in determining the equilibrium in consumption of goods and services through practical experiences
- Learning indicator
- Sketch the utility curves (Total, Marginal and Average)
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