define consumer's equilibrium
Answers
Answered by
3
Answer:
The state of balance achieved by an end user of products that refers to the amount of goods and services they can purchase given their present level of income and the current level of prices. Consumer equilibrium allows a consumer to obtain the most satisfaction possible from their income.
Answered by
2
Answer:
when consumer make choices about the quantity of good and service to consumer
Similar questions
Social Sciences,
6 months ago
Biology,
6 months ago
English,
1 year ago
Hindi,
1 year ago
English,
1 year ago
Computer Science,
1 year ago