Chemistry, asked by maanishachaudhary, 7 months ago

what changes does it make to the equation of consumer equilibrium when he decided to spend his income on two commodity rather than one​

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Answered by shrutisharma07
0

Answer:

so let me a consumer is in a state of equilibrium when he maximizes his satisfaction by spending his given income on different goods and services. Any deviation or change in the allocation of income under the given circumstance will lead to a fall in total satisfaction

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