What is called Consumer Equilibrium ?

The state at which a consumer derives maximum utility from the consumption of one or more goods and services given his/her level of income is called consumer's equilibrium.

consumer is said to be in equilibrium when he maximizes his satisfaction, given his money income and prices of two commodity. He attains equilibrium at that point where the slope of IC is equal to the slope of budget line. Condition of Consumer's Equilibrium.

answer:

no

explanation:

the woodchuck is one of several north american animals whose name has native american origins. unfortunately, those exact origins are unknown. early colonists in new england reported that "wuchak" was the name for the animal in a local algonquian language, but this word was never recorded in a dictionary and the algonquian languages of that region are no longer natively spoken, so the original form of the word has been lost to time. it may have actually been the word for a fisher (a member of the weasel family) instead, since the word for fisher sounds similar to wuchak in living algonquian languages (such as the cree word ocek, pronounced similar to oo-check.) or it might have been an english corruption of a longer word like the narragansett word ockqutchaun, which did refer to a woodchuck. in any case, english-speaking americans later adapted the name "wuchak" into the modern form "woodchuck," which was easier for them to remember.