Question

what is consumer equilibrium?

Answer 1

the state of balance achieved by an end user of products that refers to the amountof goods and services they can purchasegiven their present level of income and the current level of prices. Consumerequilibrium allows a consumer to obtainthe most satisfaction possible from their income.

Answer 2

The state of balance achieved by an end user of products that refers to the amount of goods and services they can purchase given their present level of income and the current level of prices. Consumer equilibrium allows a consumer to obtain the most satisfaction possible from their income.