Economy, asked by Anonymous, 8 months ago

Condition of consumer's equilibrium when consumer purchases only one commodity.​

Answers

Answered by rajrsharma2007
4

Answer:

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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