Question

What do you understand by consumer equilibrium? Show consumer eqilibrium with the helf of indifference curve

Answer 1

Explanation:

understanding equilibrium by indifference curve

consumer equilibrium refers to a situation in which a consumer derives maximus satisfaction

Answer 2

Answer:

The state of balance obtained by an end-user of products that refers to the number of goods and services they can buy given their existing level of income and the prevailing level of cost prices.