What is meant by consumer's equillibrium and how it is related to the

1.	What is meant by consumer's equillibrium and how it is related to the demand of a product?
Answer» Explanation: Consumer equilibrium. 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. PLZ MARK AS THE BRAINLIEST

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

Answer»

Explanation:

Consumer equilibrium. 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.

PLZ MARK AS THE BRAINLIEST

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

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