Economy, asked by priyakannan2502, 4 months ago

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Expalin the concept of consumer's equilibrium with a diagram ​

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Answered by 9dpranjal36037
1

Answer:

Consumer Equilibrium

The state of balance obtained by an end-user of products that refers to the number of goods and services they can buy, given their existing level of income and the prevailing level of cost prices. Consumer equilibrium permits a customer to get the most satisfaction possible from their income.

I Think my diagram will make disasters in you mind because I am not good in arts

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