cvalentine3317 cvalentine3317
  • 21-02-2022
  • Business
contestada

People achieve ______ when they have "balanced their margins" according to the utility-maximizing rule

Respuesta :

ayfat23
ayfat23 ayfat23
  • 04-03-2022

It should be noted that People achieve Consumer's Equilibrium when they have "balanced their margins" .

What is Consumer's Equilibrium?

Consumer's Equilibrium  can be explained as the maximum satisfaction state by a consumer.

It is a situation where a  income is been used to purchase one or more commodities by consumer so as to achieve maximum satisfaction.

Learn more about consumer's equilibrium at;

https://brainly.in/question/31126913

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