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