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What do you understand by consumers …

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What do you understand by consumers equilibrium ? Give logical reasoning as to how he reaches his state of equilibrium.
  • 1 answers

Yogita Ingle 5 years, 1 month ago

Consumer equilibrium is the state when the consumer balances his income and his purchase value.
The consumer reacts proud of himself when he made a perfect balance between his expense and the expenditure.
This equilibrium will be made when the income remains somewhat after spending for purchasing all the goods.

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