क्लास 12वीं विज्ञान

Understanding Consumer Equilibrium

• Sakshi Vishnoi is introducing an upcoming principal who provides free video lectures for all subjects up to the twelfth class.
• The video lectures will cover topics such as the law of diminishing marginal utility and consumer equilibrium.
• Consumer equilibrium is the position where a consumer is not willing to change or deviate from their current consumption.
• Equilibrium refers to the position of no change, where the consumer is satisfied and does not want to alter their consumption.
• If a consumer has reached a point of maximum satisfaction and does not desire to change their position, it is known as consumer equilibrium.
• In consumer equilibrium, the level of satisfaction is at its maximum, and the consumer does not intend to change their consumption.
• Consumer equilibrium is a state where the consumer is not intended to change his level of satisfaction.
• Consumer surplus is the level at which things not intended to change his level of satisfaction will not change.
• This state is referred to as consumer equilibrium, and the consumer is not willing to change it, known as consumer surplus.
• The concept of consumer equilibrium is linked to the idea that consumers will not change their position if they have reached maximum satisfaction.
• Consumer equilibrium is achieved when a consumer does not want to change any position with respect to its consumption.
• It is important to understand the concept of consumer equilibrium and how consumers do not intend to change their level of satisfaction when they reach maximum satisfaction.