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Explain consumers equilibrium through I/C approach …

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Explain consumers equilibrium through I/C approach ?

    • Posted by Himanshu Singh 7 years, 7 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Sakshi Chahar 7 years, 7 months ago

    In case of consumer equilibrium in case of IC theory a consumer is said to be in equilibrium at the point at which bot "IC" and budget line intersect.that is a point where consumer secures maximum level of satisfa ction with given level of income(budget line).

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