NCERT Solutions are contemplated as an exceptionally helpful book while preparing for the CBSE Class 12 Economics examinations. This study resource possesses an intense knowledge and the Solutions collated by the subject matter experts are no different.
NCERT Solution for Class 12 Economics Chapter 2 – Theory of Consumer Behaviour gives a brief presentation about the concept. This chapter 2 explains different terminologies that is used in the subject Economics and about the mindset of a consumer while purchasing the goods. Like –
- Utility – Utility is a term used by economists to explain the quantification of “utilization” that a buyer obtains from any good bought. Utility may compute how much one enjoys a theatre or the perception of safety one gets from purchasing a blockade.blockade
- Marginal utility – Marginal utility is the additional contentment a buyer gains from purchasing one more unit of a good or service. Marginal utility is a significant economic topic because economists use it to regulate how much of a commodity a consumer will purchase.
NCERT solutions for class 12 Economics chapter 2 provides a broad degree of illustrative examples; which helps the students to comprehend and learn quickly. The above mentioned is the illustrations for class 12 CBSE syllabus. For more solutions and study materials of NCERT solutions for class 12 Economics visit BYJU’S or download the app for more information and the best learning experience.