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a consumer is said to be in equilibrium, if
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Question
A consumer is said to be in equilibrium, if:
A
he is able to locate new sources of income
B
he can fulfil his needs without consumption of certain items
C
he is able to live in full comforts with a given level of income
D
he is able to fulfil his need with a given level of income
Answer & Explanation
Option: [D]
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