Business Studies, asked by birs7674, 9 months ago

goes on decreasing.
10. Define consumer's equilibrium.

Answers

Answered by kabir645
51

Explanation:

  • Consumer's equilibrium is a situation when he spends his given income on the purchase of one or more commodities in such a way that he gets maximum satisfaction and has no urge to change this level of consumption, given the prices of commodities. (B) Condition Of Consumer Equilibrium In Case Of Single Commodity.
Answered by Nishantjha432
0

Answer:

please mark kabir as brainliest

Similar questions