Economy, asked by shubhambhatia3004, 7 months ago

A consumer is equilibrium is related with

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Answered by Anonymous
13

Answer:

Equilibrium means a state of maximum satisfaction.

Consumer's equilibrium is a situation when he spends his given income on the purchase of one or more commodities in such a way that he gets maximum satisfaction and has no urge to change this level of consumption, given the prices of commodities.

Explanation:

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Answered by irshadalam7864
0

Answer:

A consumer is in equilibrium when he derives maximum satisfaction from the goods and is in no position to rearrange his purchases

Explanation:

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