A

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Q. 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 is able to locate new sources of income
  • (D) he can fulfil his needs without consumption of certain items
  • Correct Answer - Option(A)
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  • Filed under category Economic
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