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Land utilisation

  LAND UTILIZATION  Land is a scarce resource, whose supply is fixed for all practical purposes. At the same time, the demand for land for various competing purposes is continuously increasing with the increase in human population and economic growth.Land use pattern at any given time is determined by several factors including size of human and livestock population, the demand pattern, the technology in use, the cultural traditions, the location and capability of land, institutional factors like ownership pattern and rights scale regulation. Major Types of Land Utilization in India : As in all other countries, land in India is put to various uses. The utilization of land depends upon physical factors like topography, soil and climate as well as upon human factors such as the density of population, duration of occupation of the area,land tenure and technical levels of the people.There are spatial and temporal difference in land utilization due to the continued interplay of phys...
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CONCEPT OF UTILITY

CONCEPT OF UTILITY
Meaning : The term utility refers to the quality of a commodity by virtue of which it can satisfies our wants. In other words utility can be called as a want satisfying power of a commodity. Utility is an economic concept that differs from pleasure and usefulness of a commodity .It is further assumed that utility can be measured cardinally i.e it is possible to know exactly the number of units of utility that a commodity contains for the consumer . The unit of measurement of utility may be called as utils.
Types 
a)Total utility : It is the sum total of the utility derived from the consumption of all the units of a commodity. 
For instance, if 2 units of a commodoty are consumed and ist unit yields satisfaction of 10 utils ,while the 2nd unit yields satisfaction of 9 utils ,then the total utility TU is 10+9 utils i.e 19 utils .
b)Marginal utility. It refers to additional utility on the account of consumption of an additional unit of a commodity .
For instance, if 10 units of commodoty yield satisfaction of 100 utils and 11 units of commodity yields satisfaction of 105 utils, then addition utility on account of consumption of 11th unit of commodity is 105-100 utils is 5 utils.
It can be measured as under :
MU =TUn -TU n-1
Relationship between TU and MU
a)As more and more commodity is used , MU derived from each additional units tends to decrease . It can become zero and even negative.
b)As long as MU is positive, TU increases.
c)When MU is zero, TU is maximum.
d)When MU is negative, TU starts decreasing.
e) Fall in MU implies ,TU increasing but at diminishing rate .
Assumptions of utility
a)It can be measured cardinal i.e in 1,2,3,4 units.
b) The consumer should be rational i.e if he chooses combination A & B and B & C then he cannot prefer C to A.
c) The consumer is assumed to maximise his utility under giver circumstances.
d) The prices should remain constant and consumer cannot be effected by prices. 
e) It will work only under the law of diminishing marginal utility i.e as more and more commodity is consumed , the MU of consumer tends to fall can become zero and negative.

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