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Commerce · Q1317

Economics

Graduate and Post Graduate · Commerce · question 1317

Q1317

'Consumer-equilibrium' means

A.
that maximum satisfaction is obtained at minimum sacrifice
Answer
B.
that the consumer is in static and unsatisfactory position
C.
that all consumers reach the highest indifference curve
D.
that equilibrium of buyers matches with the equilibrium of sellers

Answer: Option A

Solution

Answer: Option A
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