ASSIGNMENT QUESTION
PURPOSE
The purpose of this assignment is to enhance learners' ability to apply the concept of utility to determine its consumer equilibrium.
REQUIREMENT
Select a product of your choice, describe and apply the concepts and theories of utility to the selected product to determine its consumer equilibrium. You have to obtain the market price of the selected product and assume the utils for EACH unit of product consumed. Using a suitable diagram in utility analysis to determine its consumer equilibrium.
1. The assignment consists of ONE question only available in English
2. Answer in English.
Your of your assignment should be typed using 12-point Times New Roman font and 1.5 line spacing
3. Please refer to the portal for instructions on procedure Send your assignments online. You are advised to keep a copy of the assignments for their own reference. / You must submit your assignment online. Refer to the portal for instructions on the procedures to submit your assignment online. You are advised to keep a copy of your submitted assignment for personal reference.
4. Your assignment must be between the 10th July 2017 to 23th July 2017. Submissions after 23th July 2017 will NOT be accepted. / Your assignment must be submitted between 23rd and 10th July 2017 until July 2017. Submission after 23rd July 2017 will NOT be accepted.
5. Assignment shall be prepared individually. You do not impersonate someone else. You are also prohibited from plagiarizing the work of others as their own work.
Your assignment should be prepared individually. You should not copy another person's assignment. You should also not plagiarise another person's work as your own.
6. Please note that the penalty will be imposed on late delivery of assignments as indicated in Circular 6/2012 Registry. / Please take note that a penalty will be imposed on late submission of assignments as specified in the Registrar's Office Circular 6/2012.
7. You need to make RECEIPT released for delivery assignments kept as proof of delivery. Failure to submit a receipt in any issues arising regarding the transmission of the assignment will result in the assignment is considered NOT sent / Please ensure that you keep the RECEIPT issued upon submisson of your assignment as proof of submission. Your assignment is NOT considered as submitted if you fail to produce the submission receipt in any dispute arises concerning assignment submission.