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What is consumer equilibrium ? |
Answer» <html><body><p><br/></p>Solution :It <a href="https://interviewquestions.tuteehub.com/tag/refers-1181652" style="font-weight:bold;" target="_blank" title="Click to know more about REFERS">REFERS</a> to a <a href="https://interviewquestions.tuteehub.com/tag/situation-1210683" style="font-weight:bold;" target="_blank" title="Click to know more about SITUATION">SITUATION</a> under which a <a href="https://interviewquestions.tuteehub.com/tag/consumer-25599" style="font-weight:bold;" target="_blank" title="Click to know more about CONSUMER">CONSUMER</a> <a href="https://interviewquestions.tuteehub.com/tag/spends-1222059" style="font-weight:bold;" target="_blank" title="Click to know more about SPENDS">SPENDS</a> his given income on purchase of a commodity in such a way which gives him maximum satisfaction and there is notendency to change.</body></html> | |