Question

what is meant by consumer equilibrium? explain the condition of co

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 thecurrent level of prices. Consumerequilibrium allows a consumer to obtainthe most satisfaction possible from their income.

Answer 2

Consumer's equilibrium is a situation when a consumer spends his given income on the purchase of one or more commodities in such a way that he gets the maximum satisfaction and has no urge to change the level of consumption, given the prices of commodities.

Carbon monoxide is a colorless, odorless, tasteless gas produced by burning gasoline, wood, propane, charcoal or other fuel. Improperly ventilated appliances and engines, particularly in a tightly sealed or enclosed space, may allow carbon monoxide to accumulate to dangerous levels.