William Stanley Jevons
Briefly introduce utility theory from Bentham
In contrast to our labor theory of value?
Explain total utility VS final degree of utility
Explain relative price equation
Is everyone of us has the same preferences?
Why Jevons capital theory against Ricardos?
Explain Mengers table
What are the differences between Mengers table and Jevons equation?
Explain supply and demand concept that is different than Smith, Ricardo, and Marx
Why do the marginalists need general equilibrium?
How many sides there are in Walras system?
Why does the system need stability?
(1000 words, no plagiarized materials or ideas!!!)