Question

explain the consumers equilibrium with the help of utility schedule​

Answer 1

HERE IS YOUR ANSWER MATE

Explain consumers equilibrium, in case of Single commodity, with the help of utility schedule. To determine the equilibrium point, consumer compare the price of the given commodity with its utility. ... Being a rational consumer, he will be at equilibrium when marginal utility is equal to price paid for the commodity.

PLEASE MARK BRAINLIEST

Answer 2

Explain consumers equilibrium, in case of Single commodity, with the help of utility schedule. To determine the equilibrium point, consumer compare the price of the given commodity with its utility. ... Being a rational consumer, he will be at equilibrium when marginal utility is equal to price paid for the commodity.