By state consumer price, you likely are referring a measure of consumer price in a given region, such as the consumer price index (CPI). The CPI is a basket of goods whose price fluctuation is analysed and compared over time to get a rough idea of the real price level in a region.
Perhaps you mean CONSUMER price index, which is a tool to measure changes in the price level of consumer goods and services purchased by households in a given country.
Perhaps you mean CONSUMER price index, which is a tool to measure changes in the price level of consumer goods and services purchased by households in a given country.
consumer equilibrium states that consumer maximise his utility with the given income and with the given price or when a consumer getting maximum satisfaction with available resources then he will be in a state of equilibrium.
It is called the consumer price. It may also be called the retail price.
Consumer price index is a way to measure the averages of prices of consumer goods and services. It is calculated by taking price changes of items or goods and averaging them. Consumer price index is used to assess price changes associated with the cost of living.
it means that when an article is priced reasonable enough, the consumer is more likely to buy it.
The goods consumers can buy an it helps to analyzed
Consumer Price Index (CPI)
In the situation of "price fixing" the consumer generally will have to pay more for a product.
Consumer Price Index - United Kingdom - was created in 1947.
The agreement between the producer and consumer on the price is called the equilibrium price. This is the point at which the quantity supplied by the producer matches the quantity demanded by the consumer, resulting in a stable market price.
If, by CPI, you mean the consumer price index, the answer is not unless people are paid to take things away from shops!