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Tuesday, 05 May 2026
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A consumer is in equilibrium when ____________

A consumer is in equilibrium when ____________
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  • A His market Supply is equal to his market demand
  • B He maximizes his satisfaction from spending his income
  • C The market is also in equilibrium
  • D He has consumed all he wants
Correct Answer: Option B
Explanation:
A consumer is in equilibrium when he derives maximum satisfaction from the goods, given his income and the market prices.

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