A consumer is in equilibrium when
...A consumer is in equilibrium when
His market Supply is equal to his market demand
He maximizes his satisfaction from spending his income
The market is also in equilibrium
He has consumed all he wants
Correct answer is B
A consumer is in equilibrium when he derives maximum satisfaction from the goods, given his income and the market prices.
A characteristic common to partnership and sole proprietorship is ...
The following are type of business organization EXCEPT ...
Data presented in table are usually arranged in ...
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The optimum population of a country is reached when ...
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High dependency ratio is influenced by ...
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