Consumer equilibrium is reached when:
A) an individual spends her entire income.
B) there is no way a consumer, given the available income, could increase her satisfaction.
C) marginal utility begins to diminish.
D) marginal utility is maximized, subject to the available income.

Question

Quizplus · Accepted Answer

Consumer equilibrium is reached when there is no way a consumer, given the available income, could increase her satisfaction.

Consumer Equilibrium Is Reached When