With the aid of diagram discuss the equilibrium condition of a consume

1.	With the aid of diagram discuss the equilibrium condition of a consumer
Answer» ANSWER: Consumer's Equilibrium (With Diagram) ADVERTISEMENTS: ... A rational consumer will purchase a commodity up to the POINT where price of the commodity is equal to the marginal UTILITY obtained from the THING. If this condition is not fulfilled the consumer will either purchase more or less foloow me

With the aid of diagram discuss the equilibrium condition of a consumer

Answer»

Consumer's Equilibrium (With Diagram) ADVERTISEMENTS: ... A rational consumer will purchase a commodity up to the POINT where price of the commodity is equal to the marginal UTILITY obtained from the THING. If this condition is not fulfilled the consumer will either purchase more or less

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With the aid of diagram discuss the equilibrium condition of a consumer

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