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Sonja [21]
2 years ago
14

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

Social Studies
1 answer:
Ainat [17]2 years ago
4 0

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:

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