Economy, asked by kaurrasleen117, 7 months ago

explain Consumer equillibrium through utils in cardinal approach

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Answered by MrPrince07

Explanation:

The Cardinal approach to Consumer Equilibrium posits that the consumer reaches his equilibrium when he derives the maximum satisfaction for given resources (money) and other conditions. ... Therefore, the consumer is said to be in equilibrium

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explain Consumer equillibrium through utils in cardinal approach​

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explain Consumer equillibrium through utils in cardinal approach