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

Answer Link

Otras preguntas

What is 90 is 1/10 of what
How did new Jersey become a separate colony
a baseball stadium has 38,496 seats.Rounded to the nearest thousand,how many seats is this?
PLEASSSE HELP GIVING A LOT OF POINTS TO FAST REPONDERS!!
what is the factor of 50
Longshore currents form because _____. A. waves hit the coast at an angle and form currents in the surf zone B. beaches absorb waves and backwash in some area
What types of jobs did slaves do in each colonial region: New England, Middle and the South?
What is 5.6 × 10^−3 yd/year in feet per day?  A.6.813 × 10^−7  ft/day  B.6.132 × 10^−6  ft/day  C.5 × 10^−6  ft/day  D.4.6 × 10^−5  ft/dayPlease explain the ans
0.6 is 10 times as much as what
What is 90 is 1/10 of what