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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...

Consumer's equilibrium(utility analysis)

Conditions set for consumer's equilibrium using MU analysis 
One commodity case
a)Here, first of all rupee worth of MU actually received by consumer is equal to MU of money as specified by the consumer.
           
                 MUx
              _________  =     MUm
                  Px

Which means that rupee worth of MU actually received is exactly equal to the rupee worth of satisfaction as desired by consumer.
b) Marginal utility of money (MUm) remains constant. As ,it is the measuring rod of rupee worth of satisfaction.
c)Law of diminishing marginal utility holds good.In case MU tends to rise ,consumption of a commodity will never reach an end.Equilibrium will never be stuck.

Two commodity case
a) Rupee worth of marginal utility should be the same across good x and good y and equal to marginal utility of money.

                                MUX.               MUy.  
                          _______________=______________=MUM
                                      Px.                    Py
                                          
This simply means that the rupee worth of MU derived from either commodity is exactly equal to rupee worth of satisfaction as desired by the consumer.
b)Marginal utility of money remains constant
c)Law of diminishing marginal utility holds good.

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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...