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It is atime when a person reach the maximum point of satisfaction after consume more a certain commodity at a time.
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Define the term equilibrium Explain the changes in market equilibrium and effects to shifts in supply and demand?
madarchode machudda
Define market equilibrium?
it is a condition of price stability,where the quantity demanded equal the quantity supplied.
Define consumer behavior?
define consumer behaviour as 'the process and activities people engage in when searching for, selecting, purchasing, using, evaluating, and disposing of products and services so as to satisfy their needs and desires'.'
How would you define equilibrium quantity?
It is a state where quantity supplied by seller and quantity demanded by buyers are equal.
How much tax money from consumer goods goes to the government?
All tax money (however you want to define it), from consumer goods (however you want to define it), goes to the or a government. Aee related question link below
Define a consumer?
Someone that buys a product or object is what a consumer is.
What is define of amplitude?
The maximum extent of oscillation from a position of equilibrium.
Define the term equilibrium Explain the changes in market equilibrium and effects to shifts in supply and demand?
madarchode machudda
Define equilibrium and write the two conditions of equilibrium?
Equilibrium means that an object will stay at rest or not accelerate; the conditions are the net force is zero and the net moment about any point is zero.
Define business to consumer?
consumer is an ultimate user , who buys goods and services in exchange with money
Define an international consumer?
An international consumer is a purchaser of goods/services overseas in other countries and continents.
What define members of the global consumer class?
my name is someone
Define quaternary consumer?
an animal that eats a tertiary consumer e.g. grass grasshopper toad snake hawk the hawk is the quaternary consumer
Define market equilibrium?
it is a condition of price stability,where the quantity demanded equal the quantity supplied.
Define equilibrium price and name the mechanism for setting this price in a free-market system?
The equilibrium price refers to the price point at which supply and demand are equal. This price can be found by applying the three basic properties of equilibrium.
Define consumer behavior?
define consumer behaviour as 'the process and activities people engage in when searching for, selecting, purchasing, using, evaluating, and disposing of products and services so as to satisfy their needs and desires'.'
How would you define equilibrium quantity?
It is a state where quantity supplied by seller and quantity demanded by buyers are equal.
