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What is meant by consumer's equilibrium? - Economics

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प्रश्न

What is meant by consumer's equilibrium?

अति संक्षिप्त उत्तर
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उत्तर

A utility-maximising consumer will be in equilibrium when he purchases that much quantity of the commodity where the marginal utility of the commodity equals its price.

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अध्याय 3: Theory of Consumer Behaviour: Marginal Utility and Indifference Curve Analysis - TEST YOURSELF QUESTIONS [पृष्ठ ५०]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 3 Theory of Consumer Behaviour: Marginal Utility and Indifference Curve Analysis
TEST YOURSELF QUESTIONS | Q 25. | पृष्ठ ५०
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