Consumer Equilibrium - Single Commodity | Cardinal Utility Analysis | BECC 101/105 | UGC NET | IES

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Hello everyone, In this video I have discussed about Consumer Equilibrium in a case of Single Commodity. The state of balance obtained by an end-user of products refers to the number of goods and services they can buy, given their existing level of income and the prevailing level of cost prices. Consumer equilibrium permits a customer to get the most satisfaction possible from their income.

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