What do u mean by consumer equilibrium? please give answer​

Consumer equilibrium is a point at which a consumer's derived utility from a commodity is at its maximum, given a fixed level of income and price of that commodity

Consumer equilibrium is a point at which a consumer's derived utility from a commodity is at its maximum, given a fixed level of income and price of that commodity. A rational consumer would not deviate from this point.

༻༻༻XXNAWABZADAXX ༻༻༻

1. bliss

2. rockefeller jr.

3. sullivan

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