Economics · Consumer Equilibrium
Consumer's equilibrium is attained at the point where:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1The budget line is farthest from origin
- 2The indifference curve crosses the axes
- 3The budget line is tangent to the indifference curve✓
- 4The demand curve intersects the supply curve
Correct answer
The budget line is tangent to the indifference curve
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Consumer Equilibrium MCQs →Want more practice questions on Consumer Equilibrium?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Consumer Equilibrium