Economy, asked by shalu32, 1 year ago

define consumer equilibrium with the indifference approach

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Answered by sonalpatel

2

this term refers to the amount of goods and services which the consumer may buy in market given his income and given price of goods in the market. A consumer is said to be in equilibrium at a point where the price line is touching the heighest attainable indifference curve from below

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Answered by koyeldebnath2659

0

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your answer is in the attachments

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