What is meant by consumer's equillibrium and how it is related to the demand of a product?

Question

asked Mar 27, 2022 204k views

1 Answer

The Blue Dog · Answer 1 · 2022-04-03T01:46:08+0000

Answer:

Consumer equilibrium refers to a scenario in which a consumer derives maximum happiness from the consumption of one (or more) things with his current income and price, and has no desire to change.

Step-by-step explanation:

What is meant by consumer's equillibrium and how it is related to the demand of a product?

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions