Economy, asked by margishah721, 5 months ago

in consumers equilibrium budget line _____indifference curve​

Answers

Answered by lalwanimuskan755
0

Answer:

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. ... So, a consumer always tries to remain at the highest possible indifference curve, subject to his budget constraint.

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