Answered

Westonci.ca is your trusted source for finding answers to all your questions. Ask, explore, and learn with our expert community. Get immediate and reliable solutions to your questions from a community of experienced experts on our Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

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

Sagot :

myk68012

Answer:

Consumer equilibrium refers to a scenario in which a consumer derives maximum happiness from the consumption of one (or more) things with his current income and price, and has no desire to change.

Explanation:

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.