A) Minimum
B) Highest
C) Equal
D) Increasing
✅ ANSWER: C
A consumer is in equilibrium when marginal utilities are equal. A consumer is in equilibrium when he derives maximum satisfaction from the goods and is in no position to rearrange his purchases.
A consumer is in equilibrium when marginal utilities are equal. A consumer is in equilibrium when he derives maximum satisfaction from the goods and is in no position to rearrange his purchases.