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Consumer Equilibrium

Lesson 5 of 6 • 8 upvotes • 11:51mins

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Shraddha Ratra

This lesson explains how to achieve equilibrium in consumer market. It also identifies the effect of price and income changes on the equilibrium.

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1

Course Overview

3:24mins

2

Budget Constraint

8:58mins

3

Utility: Cardinal

13:54mins

4

Utility: Ordinal

13:35mins

5

Consumer Equilibrium

11:51mins

6

Surplus

10:01mins

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