Economy, asked by mohamedsafwan8203, 10 months ago

describe the hicksian theory of consumer's equilibrium

Answers

Answered by javeed88

Answer:

The goal of a consumer is to get maximum satisfaction from the commodities he purchases. ... You can analyze consumer's equilibrium through the technique of indifference curve and budget line.

Answered by harlieboro

Answer:

according to the meaning of consumer's equilibrium theory by hicksian, that the customer is getting maximum satisfaction from the limited resources that the consumer has purchased

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