Accountancy, asked by manish619upadhyay, 5 months ago


Explain consume's equilibrium
with the help of IC approach.​

Answers

Answered by JENETJAMES
1

Answer:

Here's the answer

Hope it helps u!!

Explanation:

Consumer equilibrium refers to a situation, in which a consumer derives maximum satisfaction, with no intention to change it and subject to given prices and his given income. The point of maximum satisfaction is achieved by studying indifference map and budget line together.

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