Economy, asked by vikas727197, 11 months ago

what is consumer's Equilibrium

Answers

Answered by priyanshu1911
1

Answer:

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.

Answered by yusufansari76
0

ANSWER :when the product of a substance and the cost of that product is equal to the product of the selling price and there is no any benefit between the consumer and the shopkeeper and when it is sold by the shopkeeper equal product price is equal to equal sell price this is the equilibrium product so this is can be done by with the consumer with manufacturer. and this is known as consumer equilibrium...

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