Question

what is the conditon of consumer equilibrium?​

Answer 1

Answer:

hi

Explanation:

A consumer is in equilibrium with his tastes, and the price of the two goods, which he spends a given money income on the purchase of two goods in a way as to get the main satisfaction. According to Koulsayiannis, “The consumer is in equilibrium when he maximizes his utility, given his income and the market prices.”

Answer 2

Answer:

A consumer is in equilibrium with his tastes, and the price of the two goods, which he spends a given money income on the purchase of two goods in a way as to get the main satisfaction.