Explain the derivation of demand curve in the case of single commodity

1.	Explain the derivation of demand curve in the case of single commodity??
Answer» Answer: In the case of a single commodity, the derivation of the demand curve is done with the help of the concept of DIMINISHING marginal UTILITY. Marginal utility is the satisfaction a person receives from CONSUMING one unit of commodity. ... As more units of commodity X are purchased, its marginal utility diminishes. Explanation: HOPE IT HELPS......

Explain the derivation of demand curve in the case of single commodity??

Answer»

Answer:

In the case of a single commodity, the derivation of the demand curve is done with the help of the concept of DIMINISHING marginal UTILITY. Marginal utility is the satisfaction a person receives from CONSUMING one unit of commodity. ... As more units of commodity X are purchased, its marginal utility diminishes.

Explanation:

HOPE IT HELPS......

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Explain the derivation of demand curve in the case of single commodity??​

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Explain the derivation of demand curve in the case of single commodity??