Economy, asked by piyushnakra56, 1 year ago

explain hicks approach of consumer equilibrium​

Answers

Answered by abhay2358
1

Answer:

Definition: 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.

Previous Question
Next Question
Similar questions
English, 6 months ago
we take a quick pill hoping our problem will never go away true ya false ​...
Physics, 6 months ago
how are wavelengths and frequency of an electromagnetic wave related?​
Math, 6 months ago
What is the degree of the polynomial 10 ? * 1 point 1/2 5 2 0 ​...
Math, 1 year ago
find the mean of first three odd prime number​...
Social Sciences, 1 year ago
who is bhagat singh​...
Math, 1 year ago
If a number is negative, then it is an integer.
Math, 1 year ago
prove that the irrational number 3+2+root5...
Science, 1 year ago
You are driving along a straight path with 65 km/h for 47 minutes. How far do you get?