Introduction to economics - Assignment for Natural science students

Dilla University

Department of Economics

Introduction to economics

Assignment for Natural science students (20%)

1. What is consumer preference? What is the meaning of utility? Explain them.

2. What are the two approaches of utility? Explain them with their assumptions.

3. What are total utility and marginal utility? Explain them.

4. What is the law of diminishing marginal utility? Explain it by using example

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APA

Sewuinet, Y. & , Y (2024). Introduction to economics - Assignment for Natural science students. Afribary. Retrieved from https://afribary.com/works/intro-assignment-1

MLA 8th

Sewuinet, Yirga, and Yirga "Introduction to economics - Assignment for Natural science students" Afribary. Afribary, 19 Nov. 2024, https://afribary.com/works/intro-assignment-1. Accessed 04 Dec. 2024.

MLA7

Sewuinet, Yirga, and Yirga . "Introduction to economics - Assignment for Natural science students". Afribary, Afribary, 19 Nov. 2024. Web. 04 Dec. 2024. < https://afribary.com/works/intro-assignment-1 >.

Chicago

Sewuinet, Yirga and , Yirga . "Introduction to economics - Assignment for Natural science students" Afribary (2024). Accessed December 04, 2024. https://afribary.com/works/intro-assignment-1