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Consumers equilibrium in hicksian analysis of …

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Consumers equilibrium in hicksian analysis of demand

Posted by Diksha Saharan 6 years, 4 months ago

CBSE > Class 12 > Economics

1 answers

Ashish Sehrawat 6 years, 4 months ago

Consumer equilibrium refers to a situation when a consumer plans to spent his given income on different goods and services in such a manner that he maximise his satisfaction and have no intention to make any change in the present situation.Any changes in that allocation of income under given circumstances leads to a fall total satisfaction

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