Economics Art

Integrated Project

Done By –
• Anshul Gupta
• Ronak Marlecha
• Daksh. V
• Aryan Bhansali
• Vinay
 Consumer Equilibrium Ronak
5

1 10 2 9

Across
1. The state at which a consumer derives maximum utility from the consumption of one or more goods given his/her level of income.
3. The level of satisfaction a consumer acquires after consuming any goods and services can be measured in quantitative numbers.
6. It's the slope of budget line.
8. It is the set of all possible combinations of two goods which a consumer can afford.

Down
2. The graphical representation of various alternative combinations of bundles of two goods among which the consumer is indifferent.
4. It is an additional Utility derived from the consumption of one more unit of given commodity.
5. It is the total satisfaction obtained from the consumption of all possible units of a commodity.
7. It's a graphical representation of all possible combinations of two goods which can be purchased with given income prices.
9. It states that as we consume more and more units of a commodity, the Utility derived from each successive unit goes on decreasing.
10. It is used to analyse the indifference curve
 Consumer Equilibrium Ronak - Solved
5
T
1 10 2 9
C O N S U M E R E Q U I L I B R I U M

T R N D

A S D M

L I U
7
U B F
T U F

I D E

L G R
6
P R I C E R A T I O E
4
T T N M
3
Y L C A R D I N A L U T I L I T Y
I E R
N C G
8
B U D G E T S E T U I
R N
V A
E L
U
T
I
L
I
T

Y
Across
1. The state at which a consumer derives maximum utility from the consumption of one or more goods given his/her level of income.
3. The level of satisfaction a consumer acquires after consuming any goods and services can be measured in quantitative numbers.
6. It's the slope of budget line.
8. It is the set of all possible combinations of two goods which a consumer can afford.

Down
2. The graphical representation of various alternative combinations of bundles of two goods among which the consumer is indifferent.
4. It is an additional Utility derived from the consumption of one more unit of given commodity.
5. It is the total satisfaction obtained from the consumption of all possible units of a commodity.
7. It's a graphical representation of all possible combinations of two goods which can be purchased with given income prices.
9. It states that as we consume more and more units of a commodity, the Utility derived from each successive unit goes on decreasing.
10. It is used to analyse the indifference curve
 DEMAND ANSHUL GUPTA
6

8 10 2

1 5

3 4

Across
1. goods which are used together to satisfy a particular want .
3. goods which can be used in place of one another for satisfaction of a particular want.
9. a person who buys goods or services for satisfaction of wants
Down
2. refers to the quantity of a commodity that "a" consumer is willing and able to buy.
4. demand for a commodity which depends on the demand for other goods
5. refers to the quantity of a commodity that "all" consumer is willing and able to buy.
6. refers to those goods whose demand decreases with an increase in income.
7. a graphical representation of demand schedule
8. refers to those goods whose demand increase with an increase in income
10. IT GOSE UP AND DOWN WHEN PRICE CHANGES
 DEMAND ANSHUL GUPTA - Solved
6
I
7
D N
8 10 2
N E F D I
1 5
C O M P L E M E N T A R Y G O O D

R A R A M D

M N I R A I

A D O K N V

L C R E D I

G U G T D
3 4
O R O D S U B S T I T U T E G O O D

O V O E A E

D E D M L R
A D I
N E V
D M E
A D
N D
D E
M
A
9
C O N S U M E R
D
Across
1. goods which are used together to satisfy a particular want .
3. goods which can be used in place of one another for satisfaction of a particular want.
9. a person who buys goods or services for satisfaction of wants
Down
2. refers to the quantity of a commodity that "a" consumer is willing and able to buy.
4. demand for a commodity which depends on the demand for other goods
5. refers to the quantity of a commodity that "all" consumer is willing and able to buy.
6. refers to those goods whose demand decreases with an increase in income.
7. a graphical representation of demand schedule
8. refers to those goods whose demand increase with an increase in income
10. IT GOSE UP AND DOWN WHEN PRICE CHANGES