Economy, asked by kagurahataka, 5 months ago

conclusion for utility analysis

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Answered by aqsanajeebniazi

Answer:

According to Mashallian utility analysis, when expenditure of a consumer has been completely adjusted, that is, when marginal utility in each direction of his purchases is the same, it is called consumer's equilibrium. Then he has no desire to buy any more of one commodity and less of another.

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