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A consumer is said to be in equilibrium, if:

(A) he is able to fulfil his need with a given level of income

(B) he is able to live in full comforts with a given level
of income

(C) he can fulfil his needs without consumption of certain
items

(D) He is able to locate new sources of income

Answer Posted / guest

( A ) he is able to fulfil his need with a given level of income

Is This Answer Correct ?    49 Yes 13 No



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