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Introduction to Economics | Chapter 3 Part 2: Ordinal Utility Theory | In Afan Oromo
39:26
YouTubeNaaf Academy
Introduction to Economics | Chapter 3 Part 2: Ordinal Utility Theory | In Afan Oromo
In this video, we continue exploring Chapter 3: Consumer Behavior with a detailed explanation of Ordinal Utility Theory. Learn how consumers rank their preferences, understand key concepts like indifference curves, and analyze how choices are made without assigning numerical values to satisfaction. This tutorial is presented in Afan Oromo and ...
11.9K viewsDec 8, 2024
Expected utility hypothesis Explained
Efficient Market Hypothesis (EMH): Definition and Critique
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